iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) Stake Lessened by Good Life Advisors LLC

Good Life Advisors LLC cut its stake in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 50.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,076 shares of the company’s stock after selling 5,076 shares during the period. Good Life Advisors LLC’s holdings in iShares Morningstar Mid-Cap ETF were worth $387,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Townsquare Capital LLC raised its stake in shares of iShares Morningstar Mid-Cap ETF by 7.4% in the 3rd quarter. Townsquare Capital LLC now owns 561,771 shares of the company’s stock valued at $42,706,000 after purchasing an additional 38,563 shares in the last quarter. Raymond James & Associates increased its holdings in iShares Morningstar Mid-Cap ETF by 2.7% in the third quarter. Raymond James & Associates now owns 211,394 shares of the company’s stock valued at $16,070,000 after buying an additional 5,479 shares during the last quarter. Steele Capital Management Inc. lifted its holdings in iShares Morningstar Mid-Cap ETF by 12.9% during the 3rd quarter. Steele Capital Management Inc. now owns 174,807 shares of the company’s stock worth $13,344,000 after buying an additional 19,922 shares during the last quarter. Means Investment CO. Inc. grew its position in shares of iShares Morningstar Mid-Cap ETF by 11.3% in the 4th quarter. Means Investment CO. Inc. now owns 157,560 shares of the company’s stock worth $11,998,000 after acquiring an additional 16,050 shares in the last quarter. Finally, MML Investors Services LLC increased its holdings in shares of iShares Morningstar Mid-Cap ETF by 25.2% in the 3rd quarter. MML Investors Services LLC now owns 110,379 shares of the company’s stock valued at $8,391,000 after acquiring an additional 22,198 shares during the last quarter. 22.26% of the stock is currently owned by institutional investors.

iShares Morningstar Mid-Cap ETF Trading Down 0.6 %

IMCB stock opened at $79.27 on Friday. The stock’s 50 day simple moving average is $78.21 and its 200 day simple moving average is $76.92. iShares Morningstar Mid-Cap ETF has a 12-month low of $67.75 and a 12-month high of $82.52. The firm has a market cap of $947.28 million, a P/E ratio of 52.50 and a beta of 0.98.

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.