United Advisor Group LLC Buys Shares of 17,066 iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

United Advisor Group LLC purchased a new position in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 17,066 shares of the company’s stock, valued at approximately $1,300,000. United Advisor Group LLC owned 0.14% of iShares Morningstar Mid-Cap ETF at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the stock. EPG Wealth Management LLC lifted its stake in shares of iShares Morningstar Mid-Cap ETF by 26.2% in the 4th quarter. EPG Wealth Management LLC now owns 1,796 shares of the company’s stock worth $137,000 after acquiring an additional 373 shares during the period. Cetera Investment Advisers lifted its stake in shares of iShares Morningstar Mid-Cap ETF by 7.1% in the 4th quarter. Cetera Investment Advisers now owns 184,243 shares of the company’s stock worth $14,030,000 after acquiring an additional 12,169 shares during the period. Citadel Advisors LLC lifted its stake in shares of iShares Morningstar Mid-Cap ETF by 50.7% in the 4th quarter. Citadel Advisors LLC now owns 25,172 shares of the company’s stock worth $1,917,000 after acquiring an additional 8,468 shares during the period. Aptus Capital Advisors LLC lifted its stake in shares of iShares Morningstar Mid-Cap ETF by 3.0% in the 4th quarter. Aptus Capital Advisors LLC now owns 103,342 shares of the company’s stock worth $7,869,000 after acquiring an additional 3,024 shares during the period. Finally, Mercer Global Advisors Inc. ADV acquired a new stake in iShares Morningstar Mid-Cap ETF during the fourth quarter valued at approximately $201,000. 22.26% of the stock is owned by institutional investors and hedge funds.

iShares Morningstar Mid-Cap ETF Price Performance

IMCB stock opened at $75.99 on Friday. iShares Morningstar Mid-Cap ETF has a 12 month low of $64.02 and a 12 month high of $82.52. The firm has a market cap of $908.08 million, a PE ratio of 50.32 and a beta of 1.05. The firm has a 50 day simple moving average of $73.09 and a 200 day simple moving average of $76.52.

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.