iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB – Get Free Report) shares saw unusually-high trading volume on Wednesday . Approximately 71,408 shares were traded during trading, an increase of 260% from the previous session’s volume of 19,822 shares.The stock last traded at $69.53 and had previously closed at $69.56.
iShares Morningstar Mid-Cap ETF Stock Up 0.3 %
The firm has a market cap of $837.96 million, a PE ratio of 46.25 and a beta of 0.99. The firm’s 50 day moving average is $70.46 and its 200-day moving average is $65.99.
Hedge Funds Weigh In On iShares Morningstar Mid-Cap ETF
A number of large investors have recently bought and sold shares of the stock. Patriot Financial Group Insurance Agency LLC increased its position in shares of iShares Morningstar Mid-Cap ETF by 3.3% in the third quarter. Patriot Financial Group Insurance Agency LLC now owns 15,092 shares of the company’s stock worth $901,000 after acquiring an additional 488 shares in the last quarter. Commonwealth Equity Services LLC increased its position in shares of iShares Morningstar Mid-Cap ETF by 1.8% in the third quarter. Commonwealth Equity Services LLC now owns 316,048 shares of the company’s stock worth $18,878,000 after acquiring an additional 5,613 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its position in shares of iShares Morningstar Mid-Cap ETF by 1.0% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 53,261 shares of the company’s stock worth $3,181,000 after acquiring an additional 510 shares in the last quarter. Bouchey Financial Group Ltd acquired a new stake in shares of iShares Morningstar Mid-Cap ETF in the third quarter worth $202,000. Finally, Means Investment CO. Inc. increased its position in shares of iShares Morningstar Mid-Cap ETF by 39.5% in the third quarter. Means Investment CO. Inc. now owns 86,744 shares of the company’s stock worth $5,181,000 after acquiring an additional 24,545 shares in the last quarter. Hedge funds and other institutional investors own 22.26% of the company’s stock.
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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