iShares Morningstar Mid-Cap ETF $IMCB Shares Acquired by Yarger Wealth Strategies LLC

Yarger Wealth Strategies LLC raised its position in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 0.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,964 shares of the company’s stock after purchasing an additional 171 shares during the period. iShares Morningstar Mid-Cap ETF makes up approximately 2.9% of Yarger Wealth Strategies LLC’s investment portfolio, making the stock its 9th biggest position. Yarger Wealth Strategies LLC owned 0.50% of iShares Morningstar Mid-Cap ETF worth $5,494,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. CWM LLC raised its position in iShares Morningstar Mid-Cap ETF by 3.8% during the second quarter. CWM LLC now owns 13,933 shares of the company’s stock valued at $1,110,000 after purchasing an additional 515 shares in the last quarter. Means Investment CO. Inc. raised its position in iShares Morningstar Mid-Cap ETF by 5.3% during the second quarter. Means Investment CO. Inc. now owns 319,053 shares of the company’s stock valued at $25,416,000 after purchasing an additional 16,126 shares in the last quarter. Edge Financial Advisors LLC acquired a new position in iShares Morningstar Mid-Cap ETF during the second quarter valued at approximately $250,000. Detalus Advisors LLC increased its holdings in shares of iShares Morningstar Mid-Cap ETF by 6.9% during the second quarter. Detalus Advisors LLC now owns 3,184 shares of the company’s stock worth $254,000 after buying an additional 205 shares in the last quarter. Finally, RMG Wealth Management LLC acquired a new position in shares of iShares Morningstar Mid-Cap ETF during the second quarter worth $87,672,000. 22.26% of the stock is currently owned by institutional investors and hedge funds.

iShares Morningstar Mid-Cap ETF Stock Performance

Shares of NYSEARCA:IMCB opened at $80.91 on Monday. The company has a fifty day moving average of $82.14 and a 200-day moving average of $78.31. The company has a market capitalization of $1.19 billion, a PE ratio of 53.58 and a beta of 1.07. iShares Morningstar Mid-Cap ETF has a 52-week low of $64.02 and a 52-week 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.