Opulen Financial Group LLC Acquires Shares of 8,439 iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

Opulen Financial Group LLC acquired a new stake in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 8,439 shares of the company’s stock, valued at approximately $643,000.

Other institutional investors have also added to or reduced their stakes in the company. Glass Jacobson Investment Advisors llc grew its holdings in iShares Morningstar Mid-Cap ETF by 508.1% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 821 shares of the company’s stock valued at $62,000 after buying an additional 686 shares in the last quarter. Synergy Investment Management LLC purchased a new stake in iShares Morningstar Mid-Cap ETF during the 4th quarter valued at approximately $178,000. Arete Wealth Advisors LLC purchased a new stake in iShares Morningstar Mid-Cap ETF during the 3rd quarter valued at approximately $208,000. Assetmark Inc. grew its holdings in shares of iShares Morningstar Mid-Cap ETF by 356.8% in the fourth quarter. Assetmark Inc. now owns 2,832 shares of the company’s stock valued at $216,000 after purchasing an additional 2,212 shares in the last quarter. Finally, RFG Advisory LLC grew its holdings in shares of iShares Morningstar Mid-Cap ETF by 10.9% in the fourth quarter. RFG Advisory LLC now owns 3,032 shares of the company’s stock valued at $231,000 after purchasing an additional 298 shares in the last quarter. 22.26% of the stock is owned by hedge funds and other institutional investors.

iShares Morningstar Mid-Cap ETF Stock Performance

IMCB stock opened at $76.24 on Thursday. The firm has a fifty day moving average price of $78.10 and a 200 day moving average price of $77.36. iShares Morningstar Mid-Cap ETF has a fifty-two week low of $68.07 and a fifty-two week high of $82.52. The firm has a market cap of $911.07 million, a PE ratio of 50.49 and a beta of 1.10.

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.