Capital Square LLC Purchases New Position in iShares Morningstar Mid-Cap ETF $IMCB

Capital Square LLC purchased a new position in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 30,581 shares of the company’s stock, valued at approximately $2,974,000. iShares Morningstar Mid-Cap ETF makes up 1.3% of Capital Square LLC’s investment portfolio, making the stock its 15th biggest position. Capital Square LLC owned approximately 0.18% of iShares Morningstar Mid-Cap ETF at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. HighTower Advisors LLC lifted its position in shares of 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 buying an additional 1,799,387 shares in the last quarter. Creative Financial Designs Inc. ADV grew its stake in iShares Morningstar Mid-Cap ETF by 6.6% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 179,442 shares of the company’s stock valued at $14,845,000 after acquiring an additional 11,167 shares during the period. Diversify Wealth Management LLC purchased a new stake in iShares Morningstar Mid-Cap ETF in the 1st quarter worth $756,000. Kestra Advisory Services LLC increased its holdings in iShares Morningstar Mid-Cap ETF by 14.9% in the 1st quarter. Kestra Advisory Services LLC now owns 117,073 shares of the company’s stock worth $9,767,000 after acquiring an additional 15,182 shares in the last quarter. Finally, Pacific Financial Group Inc. raised its position in iShares Morningstar Mid-Cap ETF by 13.5% during the fourth quarter. Pacific Financial Group Inc. now owns 68,220 shares of the company’s stock worth $5,644,000 after acquiring an additional 8,105 shares during the period. 22.26% of the stock is owned by institutional investors and hedge funds.

iShares Morningstar Mid-Cap ETF Price Performance

IMCB opened at $99.92 on Monday. The company has a market cap of $1.71 billion, a price-to-earnings ratio of 66.17 and a beta of 0.99. iShares Morningstar Mid-Cap ETF has a 52-week low of $78.89 and a 52-week high of $101.37. The firm’s fifty day simple moving average is $97.44 and its two-hundred day simple moving average is $91.52.

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.