Gladstone Institutional Advisory LLC Sells 4,748 Shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

Gladstone Institutional Advisory LLC lessened its stake in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 6.4% during the fourth quarter, HoldingsChannel reports. The firm owned 69,705 shares of the company’s stock after selling 4,748 shares during the period. Gladstone Institutional Advisory LLC’s holdings in iShares Morningstar Mid-Cap ETF were worth $5,308,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently modified their holdings of the stock. S.A. Mason LLC increased its position in iShares Morningstar Mid-Cap ETF by 1.2% in the third quarter. S.A. Mason LLC now owns 11,724 shares of the company’s stock worth $891,000 after buying an additional 144 shares during the last quarter. Procyon Advisors LLC increased its holdings in iShares Morningstar Mid-Cap ETF by 3.0% in the 4th quarter. Procyon Advisors LLC now owns 4,984 shares of the company’s stock worth $380,000 after acquiring an additional 144 shares during the last quarter. Signaturefd LLC increased its holdings in iShares Morningstar Mid-Cap ETF by 12.1% in the 3rd quarter. Signaturefd LLC now owns 1,453 shares of the company’s stock worth $110,000 after acquiring an additional 157 shares during the last quarter. FMR LLC raised its stake in iShares Morningstar Mid-Cap ETF by 2.7% in the 3rd quarter. FMR LLC now owns 7,972 shares of the company’s stock valued at $606,000 after acquiring an additional 210 shares during the period. Finally, Creative Financial Designs Inc. ADV lifted its holdings in iShares Morningstar Mid-Cap ETF by 4.0% during the third quarter. Creative Financial Designs Inc. ADV now owns 5,764 shares of the company’s stock valued at $438,000 after purchasing an additional 222 shares during the last quarter. Institutional investors own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Stock Down 0.3 %

Shares of NYSEARCA:IMCB opened at $79.06 on Wednesday. The firm has a market capitalization of $944.77 million, a PE ratio of 52.36 and a beta of 0.98. The company has a 50-day moving average price of $78.43 and a two-hundred day moving average price of $76.63. iShares Morningstar Mid-Cap ETF has a twelve month low of $66.54 and a twelve month high of $82.52.

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.