Flagstar Advisors Inc. Trims Stake in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

Flagstar Advisors Inc. lessened its holdings in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 0.5% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 25,249 shares of the company’s stock after selling 131 shares during the period. Flagstar Advisors Inc. owned 0.21% of iShares Morningstar Mid-Cap ETF worth $1,919,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Cetera Investment Advisers raised its position in shares of iShares Morningstar Mid-Cap ETF by 498.9% during the 1st quarter. Cetera Investment Advisers now owns 166,848 shares of the company’s stock valued at $12,152,000 after buying an additional 138,987 shares in the last quarter. Aptus Capital Advisors LLC purchased a new stake in iShares Morningstar Mid-Cap ETF during the third quarter valued at about $7,626,000. Portside Wealth Group LLC purchased a new stake in iShares Morningstar Mid-Cap ETF during the second quarter valued at about $1,588,000. Matrix Trust Co lifted its stake in iShares Morningstar Mid-Cap ETF by 12.9% during the third quarter. Matrix Trust Co now owns 174,805 shares of the company’s stock worth $13,289,000 after purchasing an additional 19,922 shares during the last quarter. Finally, Steele Capital Management Inc. boosted its holdings in shares of iShares Morningstar Mid-Cap ETF by 12.9% in the 3rd quarter. Steele Capital Management Inc. now owns 174,807 shares of the company’s stock worth $13,344,000 after purchasing an additional 19,922 shares in the last quarter. Institutional investors own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Trading Up 1.1 %

Shares of iShares Morningstar Mid-Cap ETF stock opened at $81.50 on Friday. The business’s 50-day moving average price is $77.00 and its 200-day moving average price is $73.41. The firm has a market capitalization of $973.92 million, a PE ratio of 53.97 and a beta of 0.98. iShares Morningstar Mid-Cap ETF has a 12 month low of $61.85 and a 12 month high of $81.53.

About iShares Morningstar Mid-Cap ETF

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.