Assetmark Inc. Has $47,000 Stock Holdings in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

Assetmark Inc. cut its holdings in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 41.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 620 shares of the company’s stock after selling 436 shares during the period. Assetmark Inc.’s holdings in iShares Morningstar Mid-Cap ETF were worth $47,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Avion Wealth acquired a new stake in iShares Morningstar Mid-Cap ETF during the 2nd quarter worth approximately $45,000. Signaturefd LLC boosted its position in iShares Morningstar Mid-Cap ETF by 12.1% during the 3rd quarter. Signaturefd LLC now owns 1,453 shares of the company’s stock worth $110,000 after buying an additional 157 shares during the period. Matrix Private Capital Group LLC boosted its position in iShares Morningstar Mid-Cap ETF by 12.0% during the 2nd quarter. Matrix Private Capital Group LLC now owns 2,664 shares of the company’s stock worth $187,000 after buying an additional 285 shares during the period. Norden Group LLC acquired a new stake in iShares Morningstar Mid-Cap ETF during the 2nd quarter worth approximately $240,000. Finally, Financial Perspectives Inc boosted its position in iShares Morningstar Mid-Cap ETF by 3.7% during the 2nd quarter. Financial Perspectives Inc now owns 4,480 shares of the company’s stock worth $314,000 after buying an additional 159 shares during the period. 22.26% of the stock is currently owned by institutional investors and hedge funds.

iShares Morningstar Mid-Cap ETF Price Performance

NYSEARCA:IMCB opened at $79.03 on Tuesday. The firm’s 50 day simple moving average is $76.45 and its 200 day simple moving average is $73.17. iShares Morningstar Mid-Cap ETF has a one year low of $61.23 and a one year high of $80.67. The company has a market cap of $944.41 million, a PE ratio of 52.34 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.