Brand Asset Management Group Inc. Sells 150 Shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

Brand Asset Management Group Inc. cut its stake in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 0.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,978 shares of the company’s stock after selling 150 shares during the period. iShares Morningstar Mid-Cap ETF comprises approximately 1.1% of Brand Asset Management Group Inc.’s holdings, making the stock its 23rd largest holding. Brand Asset Management Group Inc.’s holdings in iShares Morningstar Mid-Cap ETF were worth $2,740,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of IMCB. Aptus Capital Advisors LLC bought a new position in shares of iShares Morningstar Mid-Cap ETF during the third quarter valued at $7,626,000. EWG Elevate Inc. acquired a new position in iShares Morningstar Mid-Cap ETF in the fourth quarter valued at about $3,235,000. Townsquare Capital LLC boosted its holdings 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 acquiring an additional 38,563 shares in the last quarter. MML Investors Services LLC raised its position in iShares Morningstar Mid-Cap ETF by 25.2% in the 3rd 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. Finally, Matrix Trust Co grew its holdings in shares of iShares Morningstar Mid-Cap ETF by 12.9% during the third quarter. Matrix Trust Co now owns 174,805 shares of the company’s stock worth $13,289,000 after purchasing an additional 19,922 shares during the last quarter. Institutional investors own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Stock Up 0.5 %

Shares of NYSEARCA IMCB opened at $78.89 on Friday. iShares Morningstar Mid-Cap ETF has a 12-month low of $64.93 and a 12-month high of $82.52. The company has a market cap of $942.74 million, a price-to-earnings ratio of 52.25 and a beta of 0.98. The firm’s 50-day simple moving average is $78.88 and its 200 day simple moving average is $75.61.

iShares Morningstar Mid-Cap ETF 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.