B. Riley Wealth Advisors Inc. Sells 2,388 Shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

B. Riley Wealth Advisors Inc. reduced its position in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 43.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,133 shares of the company’s stock after selling 2,388 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in iShares Morningstar Mid-Cap ETF were worth $220,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Avion Wealth bought a new position in iShares Morningstar Mid-Cap ETF in the 2nd quarter valued at $45,000. ICA Group Wealth Management LLC bought a new stake in iShares Morningstar Mid-Cap ETF during the fourth quarter valued at $80,000. Matrix Private Capital Group LLC grew its position in iShares Morningstar Mid-Cap ETF by 12.0% during the second quarter. Matrix Private Capital Group LLC now owns 2,664 shares of the company’s stock worth $187,000 after buying an additional 285 shares in the last quarter. Norden Group LLC bought a new position in iShares Morningstar Mid-Cap ETF in the 2nd quarter worth about $240,000. Finally, Evolution Wealth Advisors LLC purchased a new stake in shares of iShares Morningstar Mid-Cap ETF in the 1st quarter valued at about $291,000. Hedge funds and other institutional investors own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Trading Up 0.8 %

Shares of IMCB opened at $76.06 on Thursday. iShares Morningstar Mid-Cap ETF has a 12-month low of $55.98 and a 12-month high of $76.28. The company has a market cap of $908.96 million, a PE ratio of 50.37 and a beta of 0.98. The stock has a 50-day moving average price of $73.55 and a 200-day moving average price of $71.77.

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.