Diversify Wealth Management LLC Invests $756,000 in iShares Morningstar Mid-Cap ETF $IMCB

Diversify Wealth Management LLC acquired a new position in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) in the 1st quarter, HoldingsChannel reports. The fund acquired 8,513 shares of the company’s stock, valued at approximately $756,000.

Other large investors have also modified their holdings of the company. Royal Bank of Canada grew its stake in iShares Morningstar Mid-Cap ETF by 0.8% in the 1st quarter. Royal Bank of Canada now owns 46,267 shares of the company’s stock valued at $3,428,000 after buying an additional 369 shares during the last quarter. Creative Planning lifted its position in iShares Morningstar Mid-Cap ETF by 13.9% during the 2nd quarter. Creative Planning now owns 4,592 shares of the company’s stock worth $366,000 after acquiring an additional 562 shares during the last quarter. JPMorgan Chase & Co. lifted its position in iShares Morningstar Mid-Cap ETF by 4.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 25,892 shares of the company’s stock worth $2,063,000 after acquiring an additional 993 shares during the last quarter. Bank of America Corp DE lifted its position in iShares Morningstar Mid-Cap ETF by 3.3% during the 2nd quarter. Bank of America Corp DE now owns 92,496 shares of the company’s stock worth $7,368,000 after acquiring an additional 2,983 shares during the last quarter. Finally, MML Investors Services LLC boosted its holdings in iShares Morningstar Mid-Cap ETF by 1.1% during the second quarter. MML Investors Services LLC now owns 121,599 shares of the company’s stock valued at $9,687,000 after acquiring an additional 1,298 shares during the period. 22.26% of the stock is owned by institutional investors.

iShares Morningstar Mid-Cap ETF Stock Performance

Shares of NYSEARCA:IMCB opened at $97.02 on Friday. The company has a market cap of $1.64 billion, a P/E ratio of 64.25 and a beta of 0.98. The stock’s 50-day moving average is $94.26 and its 200-day moving average is $89.08. iShares Morningstar Mid-Cap ETF has a 52-week low of $78.89 and a 52-week high of $97.76.

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.