Diversify Advisory Services LLC Sells 4,790 Shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

Diversify Advisory Services LLC reduced its position in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 32.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,022 shares of the company’s stock after selling 4,790 shares during the quarter. Diversify Advisory Services LLC owned about 0.08% of iShares Morningstar Mid-Cap ETF worth $758,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of IMCB. Glass Jacobson Investment Advisors llc boosted its holdings in 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 period. Signaturefd LLC boosted its stake in iShares Morningstar Mid-Cap ETF by 12.1% during the third quarter. Signaturefd LLC now owns 1,453 shares of the company’s stock valued at $110,000 after buying an additional 157 shares during the period. Matrix Private Capital Group LLC grew its position in iShares Morningstar Mid-Cap ETF by 12.0% during the second quarter. Matrix Private Capital Group LLC now owns 2,664 shares of the company’s stock worth $187,000 after buying an additional 285 shares in the last quarter. Arete Wealth Advisors LLC bought a new position in iShares Morningstar Mid-Cap ETF in the 3rd quarter worth about $208,000. Finally, B. Riley Wealth Advisors Inc. increased its position in shares of iShares Morningstar Mid-Cap ETF by 9.8% in 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 last quarter. Hedge funds and other institutional investors own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Stock Performance

iShares Morningstar Mid-Cap ETF stock opened at $79.94 on Wednesday. iShares Morningstar Mid-Cap ETF has a fifty-two week low of $65.99 and a fifty-two week high of $82.52. The firm’s fifty day moving average price is $78.85 and its 200-day moving average price is $75.82. The stock has a market cap of $955.28 million, a P/E ratio of 52.94 and a beta of 0.98.

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.