Steele Capital Management Inc. Acquires 19,922 Shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

Steele Capital Management Inc. grew its stake in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 12.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 174,807 shares of the company’s stock after purchasing an additional 19,922 shares during the period. Steele Capital Management Inc.’s holdings in iShares Morningstar Mid-Cap ETF were worth $13,344,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Commonwealth Equity Services LLC increased its stake in shares of iShares Morningstar Mid-Cap ETF by 1.0% in the 2nd quarter. Commonwealth Equity Services LLC now owns 387,739 shares of the company’s stock valued at $27,178,000 after buying an additional 3,930 shares during the period. Raymond James & Associates boosted its stake in iShares Morningstar Mid-Cap ETF by 2.7% in the third quarter. Raymond James & Associates now owns 211,394 shares of the company’s stock valued at $16,070,000 after acquiring an additional 5,479 shares during the last quarter. Matrix Trust Co grew its holdings in iShares Morningstar Mid-Cap ETF by 12.9% during the 3rd quarter. Matrix Trust Co now owns 174,805 shares of the company’s stock worth $13,289,000 after acquiring an additional 19,922 shares during the period. Cetera Investment Advisers lifted its stake in shares of iShares Morningstar Mid-Cap ETF by 498.9% in the 1st quarter. Cetera Investment Advisers now owns 166,848 shares of the company’s stock valued at $12,152,000 after purchasing an additional 138,987 shares during the period. Finally, Means Investment CO. Inc. boosted its position in shares of iShares Morningstar Mid-Cap ETF by 8.5% in the 3rd quarter. Means Investment CO. Inc. now owns 141,510 shares of the company’s stock worth $10,758,000 after purchasing an additional 11,138 shares during the last quarter. Institutional investors and hedge funds own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Trading Up 0.4 %

iShares Morningstar Mid-Cap ETF stock opened at $79.57 on Thursday. The firm has a market capitalization of $950.86 million, a P/E ratio of 52.70 and a beta of 0.98. The business has a 50-day moving average of $76.71 and a 200-day moving average of $73.28. iShares Morningstar Mid-Cap ETF has a 1 year low of $61.54 and a 1 year high of $80.67.

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.