iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) Shares Sold by Marshall Financial Group LLC

Marshall Financial Group LLC trimmed its position in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 79.4% during the first quarter, Holdings Channel reports. The firm owned 6,221 shares of the company’s stock after selling 23,940 shares during the quarter. Marshall Financial Group LLC’s holdings in iShares Morningstar Mid-Cap ETF were worth $461,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Glass Jacobson Investment Advisors llc raised its holdings in shares of iShares Morningstar Mid-Cap ETF by 19.1% in the 4th quarter. Glass Jacobson Investment Advisors llc now owns 978 shares of the company’s stock valued at $74,000 after buying an additional 157 shares during the period. Global Wealth Strategies & Associates acquired a new stake in shares of iShares Morningstar Mid-Cap ETF during the first quarter worth about $81,000. EPG Wealth Management LLC lifted its position in shares of iShares Morningstar Mid-Cap ETF by 26.2% during the fourth quarter. EPG Wealth Management LLC now owns 1,796 shares of the company’s stock worth $137,000 after purchasing an additional 373 shares in the last quarter. Synergy Investment Management LLC acquired a new position in shares of iShares Morningstar Mid-Cap ETF in the fourth quarter valued at approximately $178,000. Finally, Mercer Global Advisors Inc. ADV purchased a new stake in iShares Morningstar Mid-Cap ETF during the 4th quarter worth approximately $201,000. 22.26% of the stock is owned by institutional investors and hedge funds.

iShares Morningstar Mid-Cap ETF Stock Down 1.1%

iShares Morningstar Mid-Cap ETF stock opened at $77.26 on Friday. iShares Morningstar Mid-Cap ETF has a 52-week low of $64.02 and a 52-week high of $82.52. The firm has a market cap of $923.26 million, a PE ratio of 51.17 and a beta of 1.04. The company’s 50 day moving average is $74.49 and its two-hundred day moving average is $76.28.

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.