Harbour Investments Inc. Cuts Holdings in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

Harbour Investments Inc. reduced its stake in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 8.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,967 shares of the company’s stock after selling 182 shares during the period. Harbour Investments Inc.’s holdings in iShares Morningstar Mid-Cap ETF were worth $150,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of IMCB. Glass Jacobson Investment Advisors llc lifted its stake in iShares Morningstar Mid-Cap ETF by 508.1% in the third quarter. Glass Jacobson Investment Advisors llc now owns 821 shares of the company’s stock valued at $62,000 after purchasing an additional 686 shares during the last quarter. Synergy Investment Management LLC bought a new stake in shares of iShares Morningstar Mid-Cap ETF in the fourth quarter valued at $178,000. Arete Wealth Advisors LLC purchased a new position in shares of iShares Morningstar Mid-Cap ETF during the 3rd quarter valued at $208,000. Assetmark Inc. lifted its position in shares of iShares Morningstar Mid-Cap ETF by 356.8% during the 4th quarter. Assetmark Inc. now owns 2,832 shares of the company’s stock valued at $216,000 after buying an additional 2,212 shares during the last quarter. Finally, RFG Advisory LLC grew its stake in shares of iShares Morningstar Mid-Cap ETF by 10.9% during the 4th quarter. RFG Advisory LLC now owns 3,032 shares of the company’s stock worth $231,000 after acquiring an additional 298 shares during the period. Hedge funds and other institutional investors own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Stock Performance

Shares of iShares Morningstar Mid-Cap ETF stock opened at $74.26 on Friday. The stock has a market capitalization of $887.41 million, a P/E ratio of 49.18 and a beta of 1.10. iShares Morningstar Mid-Cap ETF has a 52-week low of $68.07 and a 52-week high of $82.52. The stock’s 50-day simple moving average is $77.48 and its 200 day simple moving average is $77.39.

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.