iShares Morningstar Mid-Cap ETF $IMCB Shares Newly Purchased by Sowell Financial Services LLC

Sowell Financial Services LLC bought a new position in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 30,295 shares of the company’s stock, valued at approximately $2,862,000. Sowell Financial Services LLC owned approximately 0.17% of iShares Morningstar Mid-Cap ETF at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in IMCB. Barrett & Company Inc. purchased a new position in shares of iShares Morningstar Mid-Cap ETF during the third quarter worth about $309,000. Rede Wealth LLC raised its position in shares of iShares Morningstar Mid-Cap ETF by 1.1% during the 3rd quarter. Rede Wealth LLC now owns 12,179 shares of the company’s stock valued at $1,151,000 after purchasing an additional 128 shares during the period. Carnegie Investment Counsel purchased a new position in iShares Morningstar Mid-Cap ETF during the third quarter worth $7,526,000. Fortitude Financial LLC grew its stake in shares of iShares Morningstar Mid-Cap ETF by 18.2% during the third quarter. Fortitude Financial LLC now owns 177,247 shares of the company’s stock valued at $16,746,000 after buying an additional 27,345 shares during the last quarter. Finally, Capital Square LLC bought a new stake in shares of iShares Morningstar Mid-Cap ETF during the third quarter worth $283,000. Institutional investors own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Stock Down 1.2%

Shares of NYSEARCA IMCB opened at $97.85 on Friday. The business has a fifty day simple moving average of $97.32 and a two-hundred day simple moving average of $92.54. iShares Morningstar Mid-Cap ETF has a twelve month low of $78.89 and a twelve month high of $101.37. The firm has a market cap of $1.74 billion, a PE ratio of 64.80 and a beta of 0.99.

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.