iShares Morningstar Mid-Cap ETF $IMCB Shares Newly Purchased by Signal Advisors Wealth LLC

Signal Advisors Wealth LLC bought a new position in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 7,632 shares of the company’s stock, valued at approximately $721,000.

Several other large investors have also recently bought and sold shares of IMCB. Matrix Trust Co bought a new stake in shares of iShares Morningstar Mid-Cap ETF during the third quarter worth about $18,100,000. Envestnet Asset Management Inc. increased its stake in shares of iShares Morningstar Mid-Cap ETF by 1.1% in the second quarter. Envestnet Asset Management Inc. now owns 81,961 shares of the company’s stock valued at $7,913,000 after buying an additional 860 shares during the period. IFP Advisors Inc increased its stake in shares of iShares Morningstar Mid-Cap ETF by 2.5% in the second quarter. IFP Advisors Inc now owns 5,216 shares of the company’s stock valued at $504,000 after buying an additional 127 shares during the period. Compass Financial Management LLC bought a new position in iShares Morningstar Mid-Cap ETF in the 2nd quarter valued at approximately $52,000. Finally, Capital Square LLC bought a new position in iShares Morningstar Mid-Cap ETF in the 2nd quarter valued at approximately $225,000. 22.26% of the stock is currently owned by institutional investors.

iShares Morningstar Mid-Cap ETF Trading Down 0.7%

NYSEARCA:IMCB traded down $0.65 during mid-day trading on Friday, hitting $96.69. 38,940 shares of the company’s stock were exchanged, compared to its average volume of 39,857. The company has a 50 day simple moving average of $97.77 and a 200-day simple moving average of $94.62. iShares Morningstar Mid-Cap ETF has a fifty-two week low of $78.89 and a fifty-two week high of $101.37. The firm has a market capitalization of $1.71 billion, a P/E ratio of 64.03 and a beta of 0.99.

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.