Wealth Enhancement Advisory Services LLC Has $1.97 Million Stock Position in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

Wealth Enhancement Advisory Services LLC boosted its stake in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 1.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 25,872 shares of the company’s stock after acquiring an additional 351 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in iShares Morningstar Mid-Cap ETF were worth $1,967,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its stake in iShares Morningstar Mid-Cap ETF by 35.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 20,480 shares of the company’s stock valued at $1,557,000 after purchasing an additional 5,409 shares in the last quarter. B. Riley Wealth Advisors Inc. lifted its stake in iShares Morningstar Mid-Cap ETF by 9.8% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 3,441 shares of the company’s stock valued at $261,000 after acquiring an additional 308 shares in the last quarter. Arete Wealth Advisors LLC purchased a new position in iShares Morningstar Mid-Cap ETF during the 3rd quarter worth $208,000. Glass Jacobson Investment Advisors llc grew its stake in shares of iShares Morningstar Mid-Cap ETF by 508.1% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 821 shares of the company’s stock worth $62,000 after acquiring an additional 686 shares in the last quarter. Finally, MML Investors Services LLC raised its holdings in shares of iShares Morningstar Mid-Cap ETF by 25.2% in the third quarter. MML Investors Services LLC now owns 110,379 shares of the company’s stock valued at $8,391,000 after purchasing an additional 22,198 shares during the last quarter. Institutional investors and hedge funds own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Stock Performance

iShares Morningstar Mid-Cap ETF stock opened at $76.88 on Wednesday. iShares Morningstar Mid-Cap ETF has a fifty-two week low of $64.87 and a fifty-two week high of $82.52. The firm’s 50-day simple moving average is $78.93 and its 200 day simple moving average is $75.51. The stock has a market cap of $918.72 million, a PE ratio of 50.91 and a beta of 0.98.

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.