iShares Morningstar Mid-Cap ETF $IMCB Stake Boosted by AE Wealth Management LLC

AE Wealth Management LLC increased its holdings in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 97.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,348 shares of the company’s stock after acquiring an additional 666 shares during the quarter. AE Wealth Management LLC’s holdings in iShares Morningstar Mid-Cap ETF were worth $107,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of IMCB. Ellevest Inc. bought a new position in shares of iShares Morningstar Mid-Cap ETF during the second quarter valued at approximately $210,000. Sunburst Financial Group LLC raised its stake in shares of iShares Morningstar Mid-Cap ETF by 2.8% in the 2nd quarter. Sunburst Financial Group LLC now owns 107,230 shares of the company’s stock worth $8,542,000 after buying an additional 2,958 shares in the last quarter. Rede Wealth LLC grew its stake in shares of iShares Morningstar Mid-Cap ETF by 3.0% in the 2nd quarter. Rede Wealth LLC now owns 10,445 shares of the company’s stock worth $832,000 after purchasing an additional 303 shares during the last quarter. Creative Financial Designs Inc. ADV raised its holdings in shares of iShares Morningstar Mid-Cap ETF by 2,080.9% in the 2nd quarter. Creative Financial Designs Inc. ADV now owns 153,163 shares of the company’s stock worth $12,201,000 after purchasing an additional 146,140 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in shares of iShares Morningstar Mid-Cap ETF by 31.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 67,204 shares of the company’s stock worth $5,353,000 after acquiring an additional 16,247 shares in the last quarter. Institutional investors own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Trading Up 0.0%

IMCB stock opened at $80.28 on Wednesday. The firm has a 50-day moving average of $82.52 and a two-hundred day moving average of $80.55. The firm 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 has a one year low of $64.02 and a one year high of $83.95.

About iShares Morningstar Mid-Cap ETF

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.