Woodard & Co. Asset Management Group Inc. ADV Has $3.70 Million Position in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

Woodard & Co. Asset Management Group Inc. ADV lowered its stake in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 1.9% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 49,947 shares of the company’s stock after selling 965 shares during the period. iShares Morningstar Mid-Cap ETF comprises about 0.8% of Woodard & Co. Asset Management Group Inc. ADV’s investment portfolio, making the stock its 24th biggest holding. Woodard & Co. Asset Management Group Inc. ADV owned 0.42% of iShares Morningstar Mid-Cap ETF worth $3,700,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. LPL Financial LLC boosted its stake in shares of iShares Morningstar Mid-Cap ETF by 5.7% during the 1st quarter. LPL Financial LLC now owns 453,623 shares of the company’s stock valued at $33,606,000 after buying an additional 24,559 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of iShares Morningstar Mid-Cap ETF during the 4th quarter valued at $26,324,000. Means Investment CO. Inc. boosted its stake in shares of iShares Morningstar Mid-Cap ETF by 92.3% during the 1st quarter. Means Investment CO. Inc. now owns 302,927 shares of the company’s stock valued at $22,442,000 after buying an additional 145,367 shares during the period. Cetera Investment Advisers boosted its stake in shares of iShares Morningstar Mid-Cap ETF by 7.1% during the 4th quarter. Cetera Investment Advisers now owns 184,243 shares of the company’s stock valued at $14,030,000 after buying an additional 12,169 shares during the period. Finally, Steele Capital Management Inc. boosted its stake in shares of iShares Morningstar Mid-Cap ETF by 0.3% during the 1st quarter. Steele Capital Management Inc. now owns 174,787 shares of the company’s stock valued at $12,949,000 after buying an additional 585 shares during the period. Institutional investors and hedge funds own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Stock Up 0.7%

Shares of NYSEARCA:IMCB opened at $82.27 on Monday. The firm has a fifty day moving average of $78.85 and a two-hundred day moving average of $76.49. The firm has a market capitalization of $1.14 billion, a P/E ratio of 54.48 and a beta of 1.07. iShares Morningstar Mid-Cap ETF has a 12-month low of $64.02 and a 12-month high of $82.52.

iShares Morningstar Mid-Cap ETF 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.