iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB – Get Free Report) shares were up 1.3% during trading on Monday . The stock traded as high as $84.38 and last traded at $83.32. Approximately 46,956 shares traded hands during trading, an increase of 16% from the average daily volume of 40,606 shares. The stock had previously closed at $82.25.
iShares Morningstar Mid-Cap ETF Stock Up 0.6%
The company has a fifty day moving average price of $86.08 and a 200-day moving average price of $83.99. The stock has a market capitalization of $1.43 billion, a P/E ratio of 55.70 and a beta of 1.04.
Institutional Trading of iShares Morningstar Mid-Cap ETF
Several hedge funds have recently modified their holdings of the company. Olistico Wealth LLC bought a new position in shares of iShares Morningstar Mid-Cap ETF during the 4th quarter valued at approximately $25,000. International Assets Investment Management LLC purchased a new stake in iShares Morningstar Mid-Cap ETF during the fourth quarter valued at $25,000. Capital Investment Advisory Services LLC lifted its position in iShares Morningstar Mid-Cap ETF by 245.8% during the third quarter. Capital Investment Advisory Services LLC now owns 332 shares of the company’s stock valued at $28,000 after purchasing an additional 236 shares during the last quarter. Blair William & Co. IL grew its stake in shares of iShares Morningstar Mid-Cap ETF by 2,005.3% in the 4th quarter. Blair William & Co. IL now owns 400 shares of the company’s stock worth $33,000 after buying an additional 381 shares in the last quarter. Finally, Basepoint Wealth LLC purchased a new position in shares of iShares Morningstar Mid-Cap ETF in the 4th quarter worth $40,000. 22.26% of the stock is owned by hedge funds and other 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.
Recommended Stories
Receive News & Ratings for iShares Morningstar Mid-Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Morningstar Mid-Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.
