iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) Shares Sold by Nwam LLC

Nwam LLC lowered its position in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 14.4% in the first quarter, Holdings Channel.com reports. The firm owned 10,914 shares of the company’s stock after selling 1,829 shares during the quarter. Nwam LLC’s holdings in iShares Morningstar Mid-Cap ETF were worth $772,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Parallel Advisors LLC acquired a new position in iShares Morningstar Mid-Cap ETF during the fourth quarter worth $39,000. ICA Group Wealth Management LLC acquired a new stake in shares of iShares Morningstar Mid-Cap ETF in the fourth quarter valued at about $80,000. RFG Advisory LLC purchased a new stake in iShares Morningstar Mid-Cap ETF during the fourth quarter worth about $204,000. Private Advisor Group LLC acquired a new position in iShares Morningstar Mid-Cap ETF during the fourth quarter worth about $220,000. Finally, Western Wealth Management LLC acquired a new position in iShares Morningstar Mid-Cap ETF during the fourth quarter worth about $222,000. Institutional investors and hedge funds own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Trading Down 0.7 %

IMCB stock opened at $71.83 on Friday. The company has a market cap of $858.37 million, a price-to-earnings ratio of 47.57 and a beta of 0.98. The firm has a 50 day moving average of $70.82 and a 200-day moving average of $69.71. iShares Morningstar Mid-Cap ETF has a 12-month low of $55.98 and a 12-month high of $73.50.

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.