iShares Morningstar Mid-Cap ETF $IMCB Stock Position Increased by Kestra Advisory Services LLC

Kestra Advisory Services LLC raised its position in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 14.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 117,073 shares of the company’s stock after purchasing an additional 15,182 shares during the quarter. Kestra Advisory Services LLC owned about 0.68% of iShares Morningstar Mid-Cap ETF worth $9,767,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in IMCB. Northwest Wealth Advisors LLC increased its position in iShares Morningstar Mid-Cap ETF by 21.3% in the 1st quarter. Northwest Wealth Advisors LLC now owns 143,117 shares of the company’s stock valued at $11,940,000 after acquiring an additional 25,129 shares during the period. Private Advisor Group LLC boosted its position in iShares Morningstar Mid-Cap ETF by 10.1% during the 1st quarter. Private Advisor Group LLC now owns 3,192 shares of the company’s stock worth $266,000 after acquiring an additional 293 shares during the period. Hoxton Planning & Management LLC grew its stake in shares of iShares Morningstar Mid-Cap ETF by 7.5% in the first quarter. Hoxton Planning & Management LLC now owns 5,586 shares of the company’s stock worth $466,000 after purchasing an additional 389 shares in the last quarter. Ritholtz Wealth Management bought a new position in shares of iShares Morningstar Mid-Cap ETF in the first quarter worth $770,000. Finally, Allegheny Financial Group grew its stake in shares of iShares Morningstar Mid-Cap ETF by 4.0% in the first quarter. Allegheny Financial Group now owns 3,403 shares of the company’s stock worth $284,000 after purchasing an additional 130 shares in the last quarter. 22.26% of the stock is currently owned by institutional investors and hedge funds.

iShares Morningstar Mid-Cap ETF Stock Performance

Shares of IMCB opened at $97.02 on Tuesday. iShares Morningstar Mid-Cap ETF has a one year low of $78.89 and a one year high of $97.76. The stock’s fifty day moving average is $93.92 and its 200-day moving average is $88.80. The firm has a market capitalization of $1.64 billion, a price-to-earnings ratio of 64.25 and a beta of 0.98.

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.