iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) Shares Sold by Miracle Mile Advisors LLC

Miracle Mile Advisors LLC reduced its position in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 9.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,968 shares of the company’s stock after selling 1,241 shares during the quarter. Miracle Mile Advisors LLC owned approximately 0.10% of iShares Morningstar Mid-Cap ETF worth $911,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Townsquare Capital LLC lifted its position in shares of iShares Morningstar Mid-Cap ETF by 7.4% in the 3rd quarter. Townsquare Capital LLC now owns 561,771 shares of the company’s stock worth $42,706,000 after buying an additional 38,563 shares during the last quarter. Raymond James & Associates raised its stake in iShares Morningstar Mid-Cap ETF by 2.7% during the third quarter. Raymond James & Associates now owns 211,394 shares of the company’s stock worth $16,070,000 after acquiring an additional 5,479 shares during the period. Steele Capital Management Inc. lifted its holdings in iShares Morningstar Mid-Cap ETF by 12.9% in the third quarter. Steele Capital Management Inc. now owns 174,807 shares of the company’s stock worth $13,344,000 after acquiring an additional 19,922 shares during the last quarter. Matrix Trust Co boosted its stake in iShares Morningstar Mid-Cap ETF by 12.9% in the third quarter. Matrix Trust Co now owns 174,805 shares of the company’s stock valued at $13,289,000 after acquiring an additional 19,922 shares during the period. Finally, Means Investment CO. Inc. grew its holdings in shares of iShares Morningstar Mid-Cap ETF by 8.5% during the third quarter. Means Investment CO. Inc. now owns 141,510 shares of the company’s stock valued at $10,758,000 after purchasing an additional 11,138 shares during the last quarter. 22.26% of the stock is owned by institutional investors.

iShares Morningstar Mid-Cap ETF Trading Up 1.1 %

Shares of NYSEARCA IMCB opened at $77.74 on Thursday. iShares Morningstar Mid-Cap ETF has a 12-month low of $64.87 and a 12-month high of $82.52. The company has a market cap of $928.99 million, a price-to-earnings ratio of 51.48 and a beta of 0.98. The stock’s 50 day simple moving average is $78.93 and its 200 day simple moving average is $75.51.

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.