iShares Morningstar Mid-Cap ETF $IMCB Stock Holdings Raised by Pacific Financial Group Inc.

Pacific Financial Group Inc. lifted its position in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 13.5% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 68,220 shares of the company’s stock after purchasing an additional 8,105 shares during the period. iShares Morningstar Mid-Cap ETF comprises approximately 3.1% of Pacific Financial Group Inc.’s holdings, making the stock its 9th biggest holding. Pacific Financial Group Inc.’s holdings in iShares Morningstar Mid-Cap ETF were worth $5,644,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Blair William & Co. IL raised its stake in iShares Morningstar Mid-Cap ETF by 2,005.3% in the fourth quarter. Blair William & Co. IL now owns 400 shares of the company’s stock valued at $33,000 after purchasing an additional 381 shares in the last quarter. Royal Bank of Canada raised its stake in iShares Morningstar Mid-Cap ETF by 51.3% in the fourth quarter. Royal Bank of Canada now owns 106,973 shares of the company’s stock valued at $8,850,000 after purchasing an additional 36,281 shares in the last quarter. Opal Capital LLC purchased a new stake in iShares Morningstar Mid-Cap ETF in the fourth quarter valued at approximately $422,000. Mariner LLC raised its stake in iShares Morningstar Mid-Cap ETF by 2.7% in the fourth quarter. Mariner LLC now owns 7,316 shares of the company’s stock valued at $605,000 after purchasing an additional 195 shares in the last quarter. Finally, Aptus Capital Advisors LLC raised its stake in iShares Morningstar Mid-Cap ETF by 3.3% in the fourth quarter. Aptus Capital Advisors LLC now owns 116,957 shares of the company’s stock valued at $9,676,000 after purchasing an additional 3,723 shares in the last quarter. 22.26% of the stock is owned by hedge funds and other institutional investors.

iShares Morningstar Mid-Cap ETF Price Performance

Shares of IMCB opened at $95.47 on Wednesday. The firm’s 50 day simple moving average is $90.91 and its 200 day simple moving average is $87.06. The company has a market capitalization of $1.64 billion, a P/E ratio of 63.23 and a beta of 0.99. iShares Morningstar Mid-Cap ETF has a 1-year low of $76.90 and a 1-year high of $96.50.

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.