Goldstein Advisors LLC Grows Stock Position in iShares Morningstar Mid-Cap ETF $IMCB

Goldstein Advisors LLC boosted its stake in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 4.6% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 39,303 shares of the company’s stock after buying an additional 1,729 shares during the period. Goldstein Advisors LLC owned approximately 0.28% of iShares Morningstar Mid-Cap ETF worth $3,131,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the business. Principal Securities Inc. grew its position in iShares Morningstar Mid-Cap ETF by 52.2% in the 1st quarter. Principal Securities Inc. now owns 408 shares of the company’s stock valued at $31,000 after acquiring an additional 140 shares during the last quarter. Detalus Advisors LLC grew its position in iShares Morningstar Mid-Cap ETF by 6.9% in the 2nd quarter. Detalus Advisors LLC now owns 3,184 shares of the company’s stock valued at $254,000 after acquiring an additional 205 shares during the last quarter. Royal Bank of Canada grew its position in iShares Morningstar Mid-Cap ETF by 0.8% in the 1st 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. Ameritas Advisory Services LLC bought a new position in iShares Morningstar Mid-Cap ETF in the 2nd quarter valued at $29,000. Finally, Comerica Bank grew its position in shares of iShares Morningstar Mid-Cap ETF by 7.2% during the 1st quarter. Comerica Bank now owns 5,725 shares of the company’s stock worth $424,000 after buying an additional 387 shares in the last quarter. Institutional investors own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Trading Up 0.3%

IMCB opened at $81.93 on Friday. iShares Morningstar Mid-Cap ETF has a 12-month low of $64.02 and a 12-month high of $83.95. The business’s fifty day simple moving average is $82.30 and its 200-day simple moving average is $78.56. The company has a market capitalization of $1.20 billion, a price-to-earnings ratio of 54.26 and a beta of 1.07.

iShares Morningstar Mid-Cap ETF Company Profile

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.