Mercer Global Advisors Inc. ADV Takes Position in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

Mercer Global Advisors Inc. ADV bought a new stake in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 2,644 shares of the company’s stock, valued at approximately $201,000.

Other large investors have also bought and sold shares of the company. JPMorgan Chase & Co. boosted its stake in iShares Morningstar Mid-Cap ETF by 35.9% during the third quarter. JPMorgan Chase & Co. now owns 20,480 shares of the company’s stock valued at $1,557,000 after buying an additional 5,409 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in iShares Morningstar Mid-Cap ETF by 85.3% during the fourth quarter. Jones Financial Companies Lllp now owns 3,076 shares of the company’s stock valued at $234,000 after buying an additional 1,416 shares in the last quarter. Independent Advisor Alliance bought a new position in iShares Morningstar Mid-Cap ETF during the fourth quarter valued at about $474,000. HighTower Advisors LLC boosted its stake in iShares Morningstar Mid-Cap ETF by 1.3% during the fourth quarter. HighTower Advisors LLC now owns 45,714 shares of the company’s stock valued at $3,481,000 after buying an additional 585 shares in the last quarter. Finally, Comerica Bank boosted its position in shares of iShares Morningstar Mid-Cap ETF by 29.9% in the 4th quarter. Comerica Bank now owns 5,338 shares of the company’s stock valued at $406,000 after purchasing an additional 1,229 shares during the period. Institutional investors own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Stock Up 1.1%

NYSEARCA:IMCB opened at $78.52 on Friday. The firm has a market capitalization of $938.31 million, a price-to-earnings ratio of 52.00 and a beta of 1.05. iShares Morningstar Mid-Cap ETF has a 1-year low of $64.02 and a 1-year high of $82.52. The stock has a fifty day simple moving average of $72.73 and a 200 day simple moving average of $76.50.

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.