Lion Street Advisors LLC Decreases Stock Holdings in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

Lion Street Advisors LLC lowered its stake in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 9.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,353 shares of the company’s stock after selling 564 shares during the quarter. Lion Street Advisors LLC’s holdings in iShares Morningstar Mid-Cap ETF were worth $375,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Steele Capital Management Inc. purchased a new stake in shares of iShares Morningstar Mid-Cap ETF during the 4th quarter valued at about $10,659,000. Cetera Investment Advisers raised its position in iShares Morningstar Mid-Cap ETF by 498.9% in the first quarter. Cetera Investment Advisers now owns 166,848 shares of the company’s stock worth $12,152,000 after acquiring an additional 138,987 shares during the period. Commonwealth Equity Services LLC boosted its stake in shares of iShares Morningstar Mid-Cap ETF by 19.4% during the 4th quarter. Commonwealth Equity Services LLC now owns 377,258 shares of the company’s stock worth $25,325,000 after acquiring an additional 61,210 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its position in shares of iShares Morningstar Mid-Cap ETF by 18.8% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 206,230 shares of the company’s stock valued at $15,020,000 after acquiring an additional 32,588 shares during the period. Finally, International Assets Investment Management LLC purchased a new stake in shares of iShares Morningstar Mid-Cap ETF in the 4th quarter worth $1,635,000. Institutional investors own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Trading Up 0.1 %

NYSEARCA IMCB traded up $0.09 on Friday, hitting $70.64. 5,262 shares of the company traded hands, compared to its average volume of 21,410. The business’s 50 day moving average price is $70.78 and its 200-day moving average price is $70.25. iShares Morningstar Mid-Cap ETF has a 52-week low of $55.98 and a 52-week high of $73.50. The company has a market capitalization of $844.16 million, a price-to-earnings ratio of 46.78 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.