iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) Stake Boosted by Farther Finance Advisors LLC

Farther Finance Advisors LLC grew its stake in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 282.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,950 shares of the company’s stock after purchasing an additional 2,178 shares during the quarter. Farther Finance Advisors LLC’s holdings in iShares Morningstar Mid-Cap ETF were worth $219,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Glass Jacobson Investment Advisors llc grew its holdings in shares of iShares Morningstar Mid-Cap ETF by 19.1% during the fourth quarter. Glass Jacobson Investment Advisors llc now owns 978 shares of the company’s stock valued at $74,000 after purchasing an additional 157 shares during the last quarter. Global Wealth Strategies & Associates bought a new position in shares of iShares Morningstar Mid-Cap ETF during the first quarter valued at approximately $81,000. EPG Wealth Management LLC grew its holdings in shares of iShares Morningstar Mid-Cap ETF by 26.2% during the fourth quarter. EPG Wealth Management LLC now owns 1,796 shares of the company’s stock valued at $137,000 after purchasing an additional 373 shares during the last quarter. Synergy Investment Management LLC bought a new position in shares of iShares Morningstar Mid-Cap ETF during the fourth quarter valued at approximately $178,000. Finally, Mercer Global Advisors Inc. ADV bought a new position in shares of iShares Morningstar Mid-Cap ETF during the fourth quarter valued at approximately $201,000. 22.26% of the stock is owned by institutional investors.

iShares Morningstar Mid-Cap ETF Price Performance

Shares of IMCB stock opened at $77.29 on Thursday. iShares Morningstar Mid-Cap ETF has a 12-month low of $64.02 and a 12-month high of $82.52. The firm has a market capitalization of $923.62 million, a price-to-earnings ratio of 51.19 and a beta of 1.04. The business has a 50 day simple moving average of $74.99 and a 200 day simple moving average of $76.18.

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.