Arete Wealth Advisors LLC Takes Position in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

Arete Wealth Advisors LLC acquired a new position in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) during the third quarter, HoldingsChannel.com reports. The fund acquired 2,752 shares of the company’s stock, valued at approximately $208,000.

Other large investors also recently added to or reduced their stakes in the company. Avion Wealth bought a new position in iShares Morningstar Mid-Cap ETF in the second quarter worth approximately $45,000. Glass Jacobson Investment Advisors llc increased its stake in shares of iShares Morningstar Mid-Cap ETF by 508.1% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 821 shares of the company’s stock worth $62,000 after purchasing an additional 686 shares in the last quarter. Signaturefd LLC raised its holdings in iShares Morningstar Mid-Cap ETF by 12.1% in the 3rd quarter. Signaturefd LLC now owns 1,453 shares of the company’s stock worth $110,000 after purchasing an additional 157 shares during the period. Matrix Private Capital Group LLC lifted its position in iShares Morningstar Mid-Cap ETF by 12.0% during the second quarter. Matrix Private Capital Group LLC now owns 2,664 shares of the company’s stock valued at $187,000 after purchasing an additional 285 shares in the last quarter. Finally, Norden Group LLC bought a new stake in iShares Morningstar Mid-Cap ETF during the second quarter valued at about $240,000. 22.26% of the stock is currently owned by institutional investors.

iShares Morningstar Mid-Cap ETF Stock Down 0.5 %

Shares of IMCB opened at $79.76 on Friday. iShares Morningstar Mid-Cap ETF has a 52 week low of $64.87 and a 52 week high of $82.52. The stock has a market cap of $953.13 million, a price-to-earnings ratio of 52.82 and a beta of 0.98. The business has a 50-day simple moving average of $78.75 and a two-hundred day simple moving average of $74.45.

About iShares Morningstar Mid-Cap ETF

The iShares Morningstar Mid-Cap ETF (IMCB) is an exchange-traded fund that is based on the Morningstar US Mid Cap index. The fund tracks a market cap-weighted index consisting of US mid-cap stocks with both growth and value characteristics. IMCB was launched on Jun 28, 2004 and is managed by BlackRock.