Addison Advisors LLC Acquires 2,650 Shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

Addison Advisors LLC raised its holdings in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 189.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,050 shares of the company’s stock after acquiring an additional 2,650 shares during the period. Addison Advisors LLC’s holdings in iShares Morningstar Mid-Cap ETF were worth $272,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of IMCB. Headinvest LLC purchased a new stake in shares of iShares Morningstar Mid-Cap ETF during the third quarter valued at approximately $29,000. Bouchey Financial Group Ltd purchased a new stake in shares of iShares Morningstar Mid-Cap ETF during the third quarter valued at approximately $202,000. RFG Advisory LLC purchased a new stake in shares of iShares Morningstar Mid-Cap ETF during the fourth quarter valued at approximately $204,000. Western Wealth Management LLC purchased a new stake in shares of iShares Morningstar Mid-Cap ETF during the fourth quarter valued at approximately $222,000. Finally, Mutual Advisors LLC boosted its stake in shares of iShares Morningstar Mid-Cap ETF by 5.7% during the fourth quarter. Mutual Advisors LLC now owns 4,312 shares of the company’s stock valued at $289,000 after purchasing an additional 232 shares during the period. 22.26% of the stock is currently owned by institutional investors.

iShares Morningstar Mid-Cap ETF Trading Up 0.3 %

Shares of NYSEARCA:IMCB traded up $0.18 during trading on Friday, reaching $69.81. 14,388 shares of the company traded hands, compared to its average volume of 20,296. The firm has a market capitalization of $837.77 million, a price-to-earnings ratio of 46.25 and a beta of 0.99. iShares Morningstar Mid-Cap ETF has a 52-week low of $55.98 and a 52-week high of $72.92. The business’s fifty day moving average is $70.46 and its 200-day moving average is $65.99.

About iShares Morningstar Mid-Cap ETF

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.