iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB – Get Free Report) saw a significant growth in short interest in June. As of June 30th, there was short interest totaling 52,023 shares, a growth of 107.5% from the June 15th total of 25,070 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily volume of 35,792 shares, the days-to-cover ratio is currently 1.5 days.
Institutional Trading of iShares Morningstar Mid-Cap ETF
A number of large investors have recently bought and sold shares of the stock. Olistico Wealth LLC acquired a new position in iShares Morningstar Mid-Cap ETF during the fourth quarter worth $25,000. International Assets Investment Management LLC bought a new stake in shares of iShares Morningstar Mid-Cap ETF in the 4th quarter worth about $25,000. Blair William & Co. IL grew its holdings in shares of iShares Morningstar Mid-Cap ETF by 2,005.3% in the 4th quarter. Blair William & Co. IL now owns 400 shares of the company’s stock worth $33,000 after purchasing an additional 381 shares during the last quarter. Basepoint Wealth LLC acquired a new stake in shares of iShares Morningstar Mid-Cap ETF during the 4th quarter worth about $40,000. Finally, Capital Investment Advisory Services LLC increased its position in shares of iShares Morningstar Mid-Cap ETF by 50.0% during the 4th quarter. Capital Investment Advisory Services LLC now owns 498 shares of the company’s stock worth $41,000 after purchasing an additional 166 shares in the last quarter. 22.26% of the stock is currently owned by institutional investors.
iShares Morningstar Mid-Cap ETF Stock Performance
Shares of IMCB stock traded up $0.46 during trading hours on Thursday, hitting $97.02. The company had a trading volume of 58,920 shares, compared to its average volume of 42,858. iShares Morningstar Mid-Cap ETF has a 12 month low of $78.89 and a 12 month high of $97.76. The firm’s fifty day moving average is $94.14 and its 200 day moving average is $88.99. The firm has a market capitalization of $1.64 billion, a price-to-earnings ratio of 64.25 and a beta of 0.98.
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.
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