iShares Morningstar Mid-Cap ETF $IMCB is Means Investment CO. Inc.’s 10th Largest Position

Means Investment CO. Inc. lifted its holdings in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB – Free Report) by 4.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 428,013 shares of the company’s stock after acquiring an additional 16,966 shares during the quarter. iShares Morningstar Mid-Cap ETF accounts for about 3.0% of Means Investment CO. Inc.’s holdings, making the stock its 10th largest position. Means Investment CO. Inc.’s holdings in iShares Morningstar Mid-Cap ETF were worth $35,410,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of IMCB. Royal Bank of Canada increased its position in shares of iShares Morningstar Mid-Cap ETF by 0.8% during the first quarter. Royal Bank of Canada now owns 46,267 shares of the company’s stock valued at $3,428,000 after acquiring an additional 369 shares during the last quarter. Creative Planning increased its position in shares of iShares Morningstar Mid-Cap ETF by 13.9% during the second quarter. Creative Planning now owns 4,592 shares of the company’s stock valued at $366,000 after acquiring an additional 562 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of iShares Morningstar Mid-Cap ETF by 4.0% during the second quarter. JPMorgan Chase & Co. now owns 25,892 shares of the company’s stock valued at $2,063,000 after acquiring an additional 993 shares during the last quarter. Bank of America Corp DE increased its position in shares of iShares Morningstar Mid-Cap ETF by 3.3% during the second quarter. Bank of America Corp DE now owns 92,496 shares of the company’s stock valued at $7,368,000 after acquiring an additional 2,983 shares during the last quarter. Finally, MML Investors Services LLC increased its position in shares of iShares Morningstar Mid-Cap ETF by 1.1% during the second quarter. MML Investors Services LLC now owns 121,599 shares of the company’s stock valued at $9,687,000 after acquiring an additional 1,298 shares during the last quarter. 22.26% of the stock is owned by hedge funds and other institutional investors.

iShares Morningstar Mid-Cap ETF Trading Down 0.2%

Shares of IMCB opened at $87.97 on Thursday. The company has a market capitalization of $1.51 billion, a price-to-earnings ratio of 58.26 and a beta of 1.01. The stock has a 50 day moving average of $85.84 and a 200 day moving average of $84.25. iShares Morningstar Mid-Cap ETF has a 12 month low of $67.81 and a 12 month high of $88.81.

About iShares Morningstar Mid-Cap ETF

(Free Report)

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.

Further Reading

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