HighTower Advisors LLC Buys 1,799,387 Shares of iShares Morningstar Mid-Cap ETF $IMCB

HighTower Advisors LLC boosted its position in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 3,833.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,846,327 shares of the company’s stock after purchasing an additional 1,799,387 shares during the period. HighTower Advisors LLC owned about 10.83% of iShares Morningstar Mid-Cap ETF worth $152,747,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of IMCB. Olistico Wealth LLC purchased a new position in iShares Morningstar Mid-Cap ETF in the fourth quarter valued at approximately $25,000. International Assets Investment Management LLC bought a new position in shares of iShares Morningstar Mid-Cap ETF during the 4th quarter worth $25,000. Capital Investment Advisory Services LLC grew its stake in shares of iShares Morningstar Mid-Cap ETF by 245.8% during the 3rd quarter. Capital Investment Advisory Services LLC now owns 332 shares of the company’s stock worth $28,000 after acquiring an additional 236 shares during the period. Ameritas Advisory Services LLC grew its stake in shares of iShares Morningstar Mid-Cap ETF by 60.8% during the 3rd quarter. Ameritas Advisory Services LLC now owns 595 shares of the company’s stock worth $49,000 after acquiring an additional 225 shares during the period. Finally, one8zero8 LLC bought a new position in shares of iShares Morningstar Mid-Cap ETF during the 3rd quarter worth $50,000. Hedge funds and other institutional investors own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Trading Down 0.4%

IMCB opened at $89.69 on Wednesday. The company has a 50 day moving average of $87.02 and a 200 day moving average of $85.39. The company has a market cap of $1.54 billion, a PE ratio of 59.40 and a beta of 1.00. iShares Morningstar Mid-Cap ETF has a 12 month low of $75.45 and a 12 month high of $91.93.

iShares Morningstar Mid-Cap ETF 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.