Envestnet Asset Management Inc. Trims Stock Holdings in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

Envestnet Asset Management Inc. lessened its stake in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 3.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 52,171 shares of the company’s stock after selling 1,749 shares during the quarter. Envestnet Asset Management Inc.’s holdings in iShares Morningstar Mid-Cap ETF were worth $3,973,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Jane Street Group LLC lifted its holdings in shares of iShares Morningstar Mid-Cap ETF by 73.7% in the 3rd quarter. Jane Street Group LLC now owns 5,217 shares of the company’s stock worth $397,000 after acquiring an additional 2,213 shares during the last quarter. B. Riley Wealth Advisors Inc. raised its position in iShares Morningstar Mid-Cap ETF by 9.8% in the third quarter. B. Riley Wealth Advisors Inc. now owns 3,441 shares of the company’s stock valued at $261,000 after purchasing an additional 308 shares during the period. JPMorgan Chase & Co. lifted its stake in iShares Morningstar Mid-Cap ETF by 35.9% during the third quarter. JPMorgan Chase & Co. now owns 20,480 shares of the company’s stock worth $1,557,000 after purchasing an additional 5,409 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of iShares Morningstar Mid-Cap ETF by 1.4% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 25,872 shares of the company’s stock worth $1,967,000 after buying an additional 351 shares during the period. Finally, EWG Elevate Inc. purchased a new position in shares of iShares Morningstar Mid-Cap ETF during the fourth quarter worth $3,235,000. Hedge funds and other institutional investors own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Trading Up 1.2 %

IMCB stock opened at $71.26 on Thursday. The business’s fifty day moving average price is $73.47 and its 200 day moving average price is $76.72. iShares Morningstar Mid-Cap ETF has a 12-month low of $64.02 and a 12-month high of $82.52. The company has a market capitalization of $851.56 million, a PE ratio of 47.19 and a beta of 1.04.

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.