iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) Shares Sold by Integrated Wealth Concepts LLC

Integrated Wealth Concepts LLC lessened its stake in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 4.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,973 shares of the company’s stock after selling 348 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in iShares Morningstar Mid-Cap ETF were worth $530,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Avion Wealth acquired a new position in shares of iShares Morningstar Mid-Cap ETF during the second quarter worth about $45,000. Signaturefd LLC lifted its stake in shares of iShares Morningstar Mid-Cap ETF by 12.1% in the third quarter. Signaturefd LLC now owns 1,453 shares of the company’s stock worth $110,000 after acquiring an additional 157 shares in the last quarter. Matrix Private Capital Group LLC lifted its stake in shares of iShares Morningstar Mid-Cap ETF by 12.0% in the second quarter. Matrix Private Capital Group LLC now owns 2,664 shares of the company’s stock worth $187,000 after acquiring an additional 285 shares in the last quarter. Norden Group LLC acquired a new position in shares of iShares Morningstar Mid-Cap ETF in the second quarter worth about $240,000. Finally, Financial Perspectives Inc lifted its stake in shares of iShares Morningstar Mid-Cap ETF by 3.7% in the second quarter. Financial Perspectives Inc now owns 4,480 shares of the company’s stock worth $314,000 after acquiring an additional 159 shares in the last quarter. Institutional investors and hedge funds own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Stock Performance

NYSEARCA:IMCB opened at $80.12 on Wednesday. iShares Morningstar Mid-Cap ETF has a one year low of $64.05 and a one year high of $82.52. The business’s 50-day simple moving average is $78.48 and its 200 day simple moving average is $74.29. The stock has a market cap of $957.43 million, a price-to-earnings ratio of 53.06 and a beta of 0.98.

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.