3,300 Shares in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) Purchased by Western Wealth Management LLC

Western Wealth Management LLC purchased a new position in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 3,300 shares of the company’s stock, valued at approximately $222,000.

A number of other large investors also recently added to or reduced their stakes in IMCB. Patriot Financial Group Insurance Agency LLC lifted its position in iShares Morningstar Mid-Cap ETF by 3.3% during the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 15,092 shares of the company’s stock valued at $901,000 after purchasing an additional 488 shares during the period. Commonwealth Equity Services LLC raised its position in shares of iShares Morningstar Mid-Cap ETF by 1.8% in the 3rd quarter. Commonwealth Equity Services LLC now owns 316,048 shares of the company’s stock valued at $18,878,000 after acquiring an additional 5,613 shares during the period. Cambridge Investment Research Advisors Inc. raised its position in shares of iShares Morningstar Mid-Cap ETF by 1.0% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 53,261 shares of the company’s stock valued at $3,181,000 after acquiring an additional 510 shares during the period. Bouchey Financial Group Ltd acquired a new stake in shares of iShares Morningstar Mid-Cap ETF in the 3rd quarter valued at approximately $202,000. Finally, Means Investment CO. Inc. raised its position in shares of iShares Morningstar Mid-Cap ETF by 39.5% in the 3rd quarter. Means Investment CO. Inc. now owns 86,744 shares of the company’s stock valued at $5,181,000 after acquiring an additional 24,545 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

Shares of NYSEARCA:IMCB opened at $68.81 on Tuesday. The company has a market capitalization of $825.73 million, a price-to-earnings ratio of 45.57 and a beta of 0.99. The firm’s 50 day simple moving average is $70.33 and its 200 day simple moving average is $65.79. iShares Morningstar Mid-Cap ETF has a fifty-two week low of $55.98 and a fifty-two week high of $72.92.

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.