Janney Montgomery Scott LLC Has $826,000 Holdings in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

Janney Montgomery Scott LLC decreased its position in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 2.6% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,149 shares of the company’s stock after selling 293 shares during the quarter. Janney Montgomery Scott LLC owned about 0.09% of iShares Morningstar Mid-Cap ETF worth $826,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IMCB. LPL Financial LLC increased its stake in iShares Morningstar Mid-Cap ETF by 4.6% in the fourth quarter. LPL Financial LLC now owns 429,064 shares of the company’s stock valued at $32,673,000 after purchasing an additional 18,944 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of iShares Morningstar Mid-Cap ETF during the 4th quarter worth about $26,324,000. Cetera Investment Advisers grew its stake in shares of iShares Morningstar Mid-Cap ETF by 7.1% in the 4th quarter. Cetera Investment Advisers now owns 184,243 shares of the company’s stock valued at $14,030,000 after buying an additional 12,169 shares during the period. Steele Capital Management Inc. increased its position in iShares Morningstar Mid-Cap ETF by 0.3% in the 1st quarter. Steele Capital Management Inc. now owns 174,787 shares of the company’s stock valued at $12,949,000 after buying an additional 585 shares in the last quarter. Finally, Matrix Trust Co boosted its holdings in iShares Morningstar Mid-Cap ETF by 0.3% in the first quarter. Matrix Trust Co now owns 174,785 shares of the company’s stock worth $12,949,000 after acquiring an additional 585 shares in the last quarter. Institutional investors and hedge funds own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Price Performance

Shares of NYSEARCA IMCB opened at $79.66 on Tuesday. The stock has a market capitalization of $1.10 billion, a P/E ratio of 52.75 and a beta of 1.07. iShares Morningstar Mid-Cap ETF has a 1 year low of $64.02 and a 1 year high of $82.52. The company has a 50-day moving average price of $76.40 and a 200-day moving average price of $75.97.

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.