iShares Morningstar Mid-Cap ETF $IMCB Shares Acquired by United Advisor Group LLC

United Advisor Group LLC increased its stake in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 17.0% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 22,837 shares of the company’s stock after acquiring an additional 3,317 shares during the period. United Advisor Group LLC owned approximately 0.16% of iShares Morningstar Mid-Cap ETF worth $1,819,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Financial Gravity Companies Inc. purchased a new stake in shares of iShares Morningstar Mid-Cap ETF during the second quarter valued at approximately $26,000. Avantax Advisory Services Inc. grew its holdings in iShares Morningstar Mid-Cap ETF by 1.1% during the 2nd quarter. Avantax Advisory Services Inc. now owns 83,245 shares of the company’s stock valued at $6,631,000 after purchasing an additional 890 shares in the last quarter. Cetera Investment Advisers grew its holdings in iShares Morningstar Mid-Cap ETF by 0.9% during the 2nd quarter. Cetera Investment Advisers now owns 181,928 shares of the company’s stock valued at $14,492,000 after purchasing an additional 1,612 shares in the last quarter. Creative Planning increased its stake 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 buying an additional 562 shares during the period. Finally, Vise Technologies Inc. acquired a new position in iShares Morningstar Mid-Cap ETF in the 2nd quarter worth $397,000. Hedge funds and other institutional investors own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Price Performance

Shares of iShares Morningstar Mid-Cap ETF stock opened at $80.27 on Tuesday. The business has a 50-day moving average of $82.56 and a 200-day moving average of $80.51. The company has a market capitalization of $1.30 billion, a PE ratio of 53.16 and a beta of 1.04. iShares Morningstar Mid-Cap ETF has a 1-year low of $64.02 and a 1-year high of $83.95.

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.