iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB – Get Free Report) shares hit a new 52-week high during trading on Monday . The company traded as high as $96.07 and last traded at $96.07, with a volume of 505 shares. The stock had previously closed at $94.11.
iShares Morningstar Mid-Cap ETF Price Performance
The stock has a market cap of $1.65 billion, a P/E ratio of 63.58 and a beta of 0.99. The business’s 50 day simple moving average is $90.46 and its 200 day simple moving average is $86.87.
Institutional Investors Weigh In On iShares Morningstar Mid-Cap ETF
A number of large investors have recently bought and sold shares of the business. NewEdge Advisors LLC grew its position in iShares Morningstar Mid-Cap ETF by 155.9% during the 1st quarter. NewEdge Advisors LLC now owns 5,087 shares of the company’s stock worth $424,000 after acquiring an additional 3,099 shares during the last quarter. Mullaney Keating & Wright Inc. grew its position in iShares Morningstar Mid-Cap ETF by 25.8% during the 1st quarter. Mullaney Keating & Wright Inc. now owns 3,810 shares of the company’s stock worth $318,000 after acquiring an additional 781 shares during the last quarter. Western Wealth Management LLC bought a new stake in iShares Morningstar Mid-Cap ETF during the 1st quarter worth approximately $134,000. Bank of America Corp DE grew its position in iShares Morningstar Mid-Cap ETF by 3.5% during the 1st quarter. Bank of America Corp DE now owns 113,351 shares of the company’s stock worth $9,457,000 after acquiring an additional 3,818 shares during the last quarter. Finally, Ashton Thomas Securities LLC bought a new stake in iShares Morningstar Mid-Cap ETF during the 1st quarter worth approximately $377,000. 22.26% of the stock is currently owned by institutional investors.
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.
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