B. Riley Wealth Advisors Inc. Grows Holdings in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

B. Riley Wealth Advisors Inc. increased its stake in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 9.8% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 3,441 shares of the company’s stock after purchasing an additional 308 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in iShares Morningstar Mid-Cap ETF were worth $261,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in IMCB. Cambridge Investment Research Advisors Inc. raised its holdings in shares of iShares Morningstar Mid-Cap ETF by 19.7% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 63,450 shares of the company’s stock valued at $4,447,000 after buying an additional 10,464 shares during the period. Avion Wealth purchased a new stake in iShares Morningstar Mid-Cap ETF during the second quarter worth about $45,000. Commonwealth Equity Services LLC lifted its position in shares of iShares Morningstar Mid-Cap ETF by 1.0% during the second quarter. Commonwealth Equity Services LLC now owns 387,739 shares of the company’s stock worth $27,178,000 after purchasing an additional 3,930 shares in the last quarter. Private Advisor Group LLC boosted its stake in shares of iShares Morningstar Mid-Cap ETF by 125.9% in the second quarter. Private Advisor Group LLC now owns 7,130 shares of the company’s stock valued at $500,000 after purchasing an additional 3,974 shares during the period. Finally, Norden Group LLC acquired a new position in shares of iShares Morningstar Mid-Cap ETF in the second quarter valued at approximately $240,000. Institutional investors and hedge funds own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Stock Up 1.5 %

iShares Morningstar Mid-Cap ETF stock opened at $76.92 on Friday. The company’s 50 day moving average is $78.90 and its two-hundred day moving average is $74.67. iShares Morningstar Mid-Cap ETF has a 52-week low of $64.87 and a 52-week high of $82.52. The firm has a market cap of $919.19 million, a PE ratio of 50.94 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.