Parsons Capital Management Inc. RI Sells 150 Shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

Parsons Capital Management Inc. RI reduced its stake in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 0.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 18,988 shares of the company’s stock after selling 150 shares during the quarter. Parsons Capital Management Inc. RI owned about 0.16% of iShares Morningstar Mid-Cap ETF worth $1,446,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in IMCB. Glass Jacobson Investment Advisors llc boosted its stake in shares of iShares Morningstar Mid-Cap ETF by 508.1% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 821 shares of the company’s stock valued at $62,000 after purchasing an additional 686 shares during the last quarter. Signaturefd LLC grew its holdings in iShares Morningstar Mid-Cap ETF by 12.1% during the 3rd quarter. Signaturefd LLC now owns 1,453 shares of the company’s stock worth $110,000 after acquiring an additional 157 shares during the period. Arete Wealth Advisors LLC bought a new position in shares of iShares Morningstar Mid-Cap ETF in the 3rd quarter worth about $208,000. RFG Advisory LLC boosted its position in shares of iShares Morningstar Mid-Cap ETF by 10.9% during the 4th quarter. RFG Advisory LLC now owns 3,032 shares of the company’s stock valued at $231,000 after purchasing an additional 298 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. grew its stake in iShares Morningstar Mid-Cap ETF by 9.8% during the third quarter. B. Riley Wealth Advisors Inc. now owns 3,441 shares of the company’s stock worth $261,000 after purchasing an additional 308 shares during the period. 22.26% of the stock is currently owned by institutional investors.

iShares Morningstar Mid-Cap ETF Stock Down 0.6 %

iShares Morningstar Mid-Cap ETF stock opened at $79.30 on Tuesday. The firm’s fifty day moving average is $78.88 and its 200 day moving average is $76.08. The company has a market capitalization of $947.64 million, a PE ratio of 52.52 and a beta of 0.98. iShares Morningstar Mid-Cap ETF has a 12-month low of $66.02 and a 12-month high of $82.52.

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.