Wealth Enhancement Advisory Services LLC Cuts Stock Position in iShares Morningstar Mid-Cap ETF $IMCB

Wealth Enhancement Advisory Services LLC trimmed its position in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 1.5% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 30,634 shares of the company’s stock after selling 458 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 0.22% of iShares Morningstar Mid-Cap ETF worth $2,482,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of IMCB. Means Investment CO. Inc. boosted its stake in iShares Morningstar Mid-Cap ETF by 92.3% during the first quarter. Means Investment CO. Inc. now owns 302,927 shares of the company’s stock worth $22,442,000 after buying an additional 145,367 shares during the period. Commonwealth Equity Services LLC boosted its stake in iShares Morningstar Mid-Cap ETF by 8.6% during the first quarter. Commonwealth Equity Services LLC now owns 398,963 shares of the company’s stock worth $29,556,000 after buying an additional 31,479 shares during the period. LPL Financial LLC raised its holdings in shares of iShares Morningstar Mid-Cap ETF by 5.7% in the first quarter. LPL Financial LLC now owns 453,623 shares of the company’s stock worth $33,606,000 after buying an additional 24,559 shares during the period. Flow Traders U.S. LLC purchased a new stake in shares of iShares Morningstar Mid-Cap ETF during the first quarter valued at $1,804,000. Finally, Patriot Financial Group Insurance Agency LLC boosted its stake in shares of iShares Morningstar Mid-Cap ETF by 96.7% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 35,642 shares of the company’s stock valued at $2,640,000 after purchasing an additional 17,519 shares during the period. 22.26% of the stock is owned by hedge funds and other institutional investors.

iShares Morningstar Mid-Cap ETF Trading Up 1.0%

Shares of IMCB opened at $82.61 on Friday. The firm has a fifty day moving average price of $81.82 and a 200-day moving average price of $77.70. The firm has a market capitalization of $1.16 billion, a P/E ratio of 54.71 and a beta of 1.07. iShares Morningstar Mid-Cap ETF has a 12-month low of $64.02 and a 12-month high of $83.51.

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.