Sunburst Financial Group LLC Acquires 4,715 Shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

Sunburst Financial Group LLC increased its holdings in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 5.7% in the first quarter, according to its most recent filing with the SEC. The fund owned 86,741 shares of the company’s stock after acquiring an additional 4,715 shares during the period. iShares Morningstar Mid-Cap ETF comprises 1.8% of Sunburst Financial Group LLC’s portfolio, making the stock its 16th biggest position. Sunburst Financial Group LLC owned about 0.72% of iShares Morningstar Mid-Cap ETF worth $6,276,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of iShares Morningstar Mid-Cap ETF by 37.4% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 173,642 shares of the company’s stock valued at $11,657,000 after purchasing an additional 47,245 shares during the period. RFG Advisory LLC bought a new position in shares of iShares Morningstar Mid-Cap ETF during the 4th quarter worth $204,000. Tower Research Capital LLC TRC grew its position in shares of iShares Morningstar Mid-Cap ETF by 38.2% during the 3rd quarter. Tower Research Capital LLC TRC now owns 7,947 shares of the company’s stock worth $475,000 after buying an additional 2,195 shares in the last quarter. J.W. Cole Advisors Inc. increased its stake in shares of iShares Morningstar Mid-Cap ETF by 5.7% during the fourth quarter. J.W. Cole Advisors Inc. now owns 14,121 shares of the company’s stock valued at $948,000 after buying an additional 761 shares during the period. Finally, Truist Financial Corp raised its holdings in shares of iShares Morningstar Mid-Cap ETF by 10.0% in the fourth quarter. Truist Financial Corp now owns 22,146 shares of the company’s stock valued at $1,487,000 after acquiring an additional 2,016 shares in 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 traded up $0.35 during midday trading on Friday, hitting $70.49. 1,863 shares of the company’s stock were exchanged, compared to its average volume of 22,502. The company has a market cap of $842.36 million, a PE ratio of 46.45 and a beta of 0.98. The firm has a 50-day moving average of $70.47 and a two-hundred day moving average of $69.19. iShares Morningstar Mid-Cap ETF has a 12 month low of $55.98 and a 12 month high of $72.92.

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.