Northwest Wealth Advisors LLC Has $11.94 Million Holdings in iShares Morningstar Mid-Cap ETF $IMCB

Northwest Wealth Advisors LLC increased its holdings in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 21.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 143,117 shares of the company’s stock after acquiring an additional 25,129 shares during the quarter. iShares Morningstar Mid-Cap ETF makes up about 8.5% of Northwest Wealth Advisors LLC’s investment portfolio, making the stock its 3rd largest position. Northwest Wealth Advisors LLC’s holdings in iShares Morningstar Mid-Cap ETF were worth $11,940,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. HighTower Advisors LLC increased its position in iShares Morningstar Mid-Cap ETF by 3,833.4% during the 4th quarter. HighTower Advisors LLC now owns 1,846,327 shares of the company’s stock valued at $152,747,000 after purchasing an additional 1,799,387 shares during the period. Morgan Stanley lifted its position in shares of iShares Morningstar Mid-Cap ETF by 17.9% in the 4th quarter. Morgan Stanley now owns 1,501,549 shares of the company’s stock worth $124,223,000 after purchasing an additional 228,216 shares during the period. UBS Group AG lifted its position in shares of iShares Morningstar Mid-Cap ETF by 0.8% in the 4th quarter. UBS Group AG now owns 1,331,760 shares of the company’s stock worth $110,177,000 after purchasing an additional 10,355 shares during the period. Means Investment CO. Inc. boosted its stake in shares of iShares Morningstar Mid-Cap ETF by 4.1% during the fourth quarter. Means Investment CO. Inc. now owns 428,013 shares of the company’s stock valued at $35,410,000 after purchasing an additional 16,966 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its stake in shares of iShares Morningstar Mid-Cap ETF by 148.4% during the fourth quarter. Wells Fargo & Company MN now owns 204,827 shares of the company’s stock valued at $16,945,000 after purchasing an additional 122,352 shares in the last quarter. 22.26% of the stock is currently owned by institutional investors.

iShares Morningstar Mid-Cap ETF Stock Down 0.2%

IMCB stock traded down $0.15 during trading on Tuesday, hitting $97.03. 6,611 shares of the company’s stock traded hands, compared to its average volume of 42,270. The firm has a market capitalization of $1.64 billion, a P/E ratio of 64.26 and a beta of 0.98. iShares Morningstar Mid-Cap ETF has a 1 year low of $78.89 and a 1 year high of $97.76. The business has a fifty day simple moving average of $93.18 and a two-hundred day simple moving average of $88.32.

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.