Edge Financial Advisors LLC Has $820,000 Stock Holdings in iShares Morningstar Mid-Cap ETF $IMCB

Edge Financial Advisors LLC grew its stake in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 217.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,871 shares of the company’s stock after purchasing an additional 6,757 shares during the period. Edge Financial Advisors LLC owned approximately 0.07% of iShares Morningstar Mid-Cap ETF worth $820,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in IMCB. RMG Wealth Management LLC grew its stake in shares of iShares Morningstar Mid-Cap ETF by 4.3% in the 3rd quarter. RMG Wealth Management LLC now owns 1,129,819 shares of the company’s stock valued at $93,679,000 after buying an additional 46,110 shares during the period. Ashton Thomas Securities LLC bought a new position in iShares Morningstar Mid-Cap ETF in the third quarter worth approximately $301,000. Steele Capital Management Inc. grew its stake in iShares Morningstar Mid-Cap ETF by 5.5% in the third quarter. Steele Capital Management Inc. now owns 187,000 shares of the company’s stock valued at $15,530,000 after acquiring an additional 9,783 shares during the period. Valmark Advisers Inc. bought a new stake in shares of iShares Morningstar Mid-Cap ETF during the third quarter valued at approximately $208,000. Finally, Steinberganna Wealth Management acquired a new position in shares of iShares Morningstar Mid-Cap ETF during the third quarter worth approximately $443,000. Institutional investors own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Trading Down 0.5%

NYSEARCA IMCB opened at $85.77 on Friday. The company has a market cap of $1.46 billion, a P/E ratio of 56.80 and a beta of 1.04. The company has a fifty day simple moving average of $83.54 and a 200 day simple moving average of $82.53. iShares Morningstar Mid-Cap ETF has a 12-month low of $64.02 and a 12-month high of $86.70.

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.