C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Purchases New Position in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) during the 4th quarter, HoldingsChannel reports. The fund purchased 19,646 shares of the company’s stock, valued at approximately $1,496,000.

Several other institutional investors have also bought and sold shares of IMCB. Glass Jacobson Investment Advisors llc boosted its stake in iShares Morningstar Mid-Cap ETF by 508.1% in the third 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 boosted its stake in iShares Morningstar Mid-Cap ETF by 12.1% in the third quarter. Signaturefd LLC now owns 1,453 shares of the company’s stock worth $110,000 after purchasing an additional 157 shares in the last quarter. Arete Wealth Advisors LLC acquired a new position in iShares Morningstar Mid-Cap ETF in the third quarter worth $208,000. RFG Advisory LLC boosted its stake in iShares Morningstar Mid-Cap ETF by 10.9% in the fourth quarter. RFG Advisory LLC now owns 3,032 shares of the company’s stock worth $231,000 after purchasing an additional 298 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. boosted its stake in iShares Morningstar Mid-Cap ETF by 9.8% in the third quarter. B. Riley Wealth Advisors Inc. now owns 3,441 shares of the company’s stock worth $261,000 after purchasing an additional 308 shares in the last quarter. Institutional investors and hedge funds own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Stock Performance

iShares Morningstar Mid-Cap ETF stock opened at $79.81 on Wednesday. The firm has a market cap of $953.73 million, a P/E ratio of 52.85 and a beta of 0.98. The business’s fifty day moving average is $78.24 and its two-hundred day moving average is $76.88. iShares Morningstar Mid-Cap ETF has a 52 week low of $67.75 and a 52 week high of $82.52.

iShares Morningstar Mid-Cap ETF Company Profile

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.