SB Capital Management Inc Invests $559,000 in iShares Morningstar Mid-Cap ETF $IMCB

SB Capital Management Inc acquired a new position in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 6,756 shares of the company’s stock, valued at approximately $559,000.

Other institutional investors also recently modified their holdings of the company. IHT Wealth Management LLC lifted its position in iShares Morningstar Mid-Cap ETF by 2.9% during the fourth quarter. IHT Wealth Management LLC now owns 5,665 shares of the company’s stock valued at $469,000 after purchasing an additional 158 shares during the last quarter. Hilltop Holdings Inc. grew its stake in iShares Morningstar Mid-Cap ETF by 3.7% in the 4th quarter. Hilltop Holdings Inc. now owns 7,953 shares of the company’s stock worth $658,000 after buying an additional 282 shares in the last quarter. Capital Planning Advisors LLC increased its holdings in shares of iShares Morningstar Mid-Cap ETF by 6.5% in the 4th quarter. Capital Planning Advisors LLC now owns 8,537 shares of the company’s stock worth $706,000 after buying an additional 522 shares during the last quarter. Pacific Financial Group Inc. increased its holdings in shares of iShares Morningstar Mid-Cap ETF by 13.5% in the 4th quarter. Pacific Financial Group Inc. now owns 68,220 shares of the company’s stock worth $5,644,000 after buying an additional 8,105 shares during the last quarter. Finally, Blair William & Co. IL raised its position in shares of iShares Morningstar Mid-Cap ETF by 2,005.3% during the 4th quarter. Blair William & Co. IL now owns 400 shares of the company’s stock valued at $33,000 after buying an additional 381 shares in the last quarter. 22.26% of the stock is currently owned by institutional investors.

iShares Morningstar Mid-Cap ETF Stock Performance

iShares Morningstar Mid-Cap ETF stock opened at $95.16 on Friday. iShares Morningstar Mid-Cap ETF has a fifty-two week low of $76.90 and a fifty-two week high of $96.50. The stock has a market cap of $1.64 billion, a P/E ratio of 63.02 and a beta of 0.99. The firm’s fifty day moving average price is $91.32 and its 200-day moving average price is $87.23.

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.