Fifth Third Bancorp Takes Position in iShares Morningstar Mid-Cap ETF $IMCB

Fifth Third Bancorp acquired a new position in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 6,606 shares of the company’s stock, valued at approximately $551,000.

Several other large investors have also recently bought and sold shares of the stock. HighTower Advisors LLC boosted its holdings in iShares Morningstar Mid-Cap ETF by 3,833.4% in 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 increased its holdings in shares of iShares Morningstar Mid-Cap ETF by 17.9% during 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 raised its position in shares of iShares Morningstar Mid-Cap ETF by 0.8% during the fourth quarter. UBS Group AG now owns 1,331,760 shares of the company’s stock valued at $110,177,000 after buying an additional 10,355 shares during the last quarter. Means Investment CO. Inc. raised its position 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 buying an additional 16,966 shares during the last quarter. Finally, Wells Fargo & Company MN raised its position 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 buying an additional 122,352 shares during the last quarter. 22.26% of the stock is currently owned by institutional investors and hedge funds.

iShares Morningstar Mid-Cap ETF Stock Down 1.0%

IMCB stock opened at $96.86 on Thursday. iShares Morningstar Mid-Cap ETF has a twelve month low of $78.89 and a twelve month high of $98.15. The company has a market cap of $1.65 billion, a PE ratio of 64.15 and a beta of 0.98. The business’s 50-day simple moving average is $95.36 and its 200 day simple moving average is $89.89.

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.