Detalus Advisors LLC Buys 205 Shares of iShares Morningstar Mid-Cap ETF $IMCB

Detalus Advisors LLC lifted its holdings in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 6.9% in the second quarter, HoldingsChannel reports. The fund owned 3,184 shares of the company’s stock after buying an additional 205 shares during the period. Detalus Advisors LLC’s holdings in iShares Morningstar Mid-Cap ETF were worth $254,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in IMCB. Ameritas Advisory Services LLC bought a new stake in iShares Morningstar Mid-Cap ETF during the 2nd quarter valued at $29,000. Principal Securities Inc. raised its holdings in iShares Morningstar Mid-Cap ETF by 52.2% in the 1st quarter. Principal Securities Inc. now owns 408 shares of the company’s stock worth $31,000 after purchasing an additional 140 shares in the last quarter. PSI Advisors LLC purchased a new stake in shares of iShares Morningstar Mid-Cap ETF in the 1st quarter worth about $49,000. AE Wealth Management LLC grew its position in shares of iShares Morningstar Mid-Cap ETF by 306.0% in the 1st quarter. AE Wealth Management LLC now owns 682 shares of the company’s stock worth $51,000 after buying an additional 514 shares during the period. Finally, Wealth Preservation Advisors LLC purchased a new stake in shares of iShares Morningstar Mid-Cap ETF in the 1st quarter worth about $52,000. 22.26% of the stock is currently owned by institutional investors.

iShares Morningstar Mid-Cap ETF Stock Performance

Shares of IMCB stock opened at $83.10 on Wednesday. The company’s 50-day moving average is $82.03 and its 200 day moving average is $78.15. The company has a market capitalization of $1.21 billion, a price-to-earnings ratio of 55.03 and a beta of 1.07. iShares Morningstar Mid-Cap ETF has a one year low of $64.02 and a one year high of $83.95.

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.