Avantax Advisory Services Inc. Buys 890 Shares of iShares Morningstar Mid-Cap ETF $IMCB

Avantax Advisory Services Inc. increased its stake in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 1.1% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 83,245 shares of the company’s stock after buying an additional 890 shares during the period. Avantax Advisory Services Inc. owned 0.60% of iShares Morningstar Mid-Cap ETF worth $6,631,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of IMCB. Ameritas Advisory Services LLC bought a new position in iShares Morningstar Mid-Cap ETF in the 2nd quarter valued at about $29,000. AE Wealth Management LLC grew its position in shares of iShares Morningstar Mid-Cap ETF by 306.0% in the first quarter. AE Wealth Management LLC now owns 682 shares of the company’s stock valued at $51,000 after purchasing an additional 514 shares during the last quarter. Wealth Preservation Advisors LLC bought a new position in shares of iShares Morningstar Mid-Cap ETF during the first quarter worth approximately $52,000. Silicon Valley Capital Partners bought a new position in shares of iShares Morningstar Mid-Cap ETF during the first quarter worth approximately $70,000. Finally, Fingerlakes Wealth Management Inc. acquired a new stake in iShares Morningstar Mid-Cap ETF during the 2nd quarter worth approximately $209,000. Institutional investors and hedge funds own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Price Performance

IMCB opened at $80.28 on Wednesday. The business has a fifty day simple moving average of $82.52 and a 200 day simple moving average of $80.55. iShares Morningstar Mid-Cap ETF has a 1 year low of $64.02 and a 1 year high of $83.95. The company has a market capitalization of $1.30 billion, a PE ratio of 53.17 and a beta of 1.04.

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.