4,000 Shares in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) Purchased by Evolution Wealth Advisors LLC

Evolution Wealth Advisors LLC purchased a new position in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 4,000 shares of the company’s stock, valued at approximately $305,000.

Other hedge funds also recently bought and sold shares of the company. Glass Jacobson Investment Advisors llc raised 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 acquiring an additional 686 shares during the last quarter. Signaturefd LLC increased its holdings in shares of 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 buying an additional 157 shares during the last quarter. Matrix Private Capital Group LLC increased its holdings in shares of iShares Morningstar Mid-Cap ETF by 12.0% during the 2nd 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 during the last quarter. Arete Wealth Advisors LLC acquired a new stake in shares of iShares Morningstar Mid-Cap ETF during the 3rd quarter worth approximately $208,000. Finally, B. Riley Wealth Advisors Inc. increased its holdings in shares of iShares Morningstar Mid-Cap ETF by 9.8% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 3,441 shares of the company’s stock worth $261,000 after buying an additional 308 shares during the last quarter. Institutional investors and hedge funds own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Price Performance

Shares of NYSEARCA IMCB opened at $79.60 on Thursday. The company has a 50 day simple moving average of $78.84 and a 200-day simple moving average of $75.85. The company has a market capitalization of $951.22 million, a P/E ratio of 52.72 and a beta of 0.98. iShares Morningstar Mid-Cap ETF has a 1 year low of $65.99 and a 1 year high of $82.52.

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.