Proactive Wealth Strategies LLC Takes $322,000 Position in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

Proactive Wealth Strategies LLC acquired a new position in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 4,241 shares of the company’s stock, valued at approximately $322,000.

A number of other large investors also recently bought and sold shares of IMCB. Osaic Holdings Inc. raised its stake in iShares Morningstar Mid-Cap ETF by 15.0% in the first quarter. Osaic Holdings Inc. now owns 101,767 shares of the company’s stock worth $7,415,000 after buying an additional 13,254 shares in the last quarter. B. Riley Wealth Advisors Inc. increased its position in shares of iShares Morningstar Mid-Cap ETF by 15.4% during the first quarter. B. Riley Wealth Advisors Inc. now owns 5,521 shares of the company’s stock worth $402,000 after purchasing an additional 738 shares in the last quarter. Cetera Investment Advisers increased its position in shares of iShares Morningstar Mid-Cap ETF by 498.9% during the first quarter. Cetera Investment Advisers now owns 166,848 shares of the company’s stock worth $12,152,000 after purchasing an additional 138,987 shares in the last quarter. Cetera Advisors LLC increased its position in shares of iShares Morningstar Mid-Cap ETF by 42.7% during the first quarter. Cetera Advisors LLC now owns 52,745 shares of the company’s stock worth $3,841,000 after purchasing an additional 15,783 shares in the last quarter. Finally, S.A. Mason LLC increased its position in shares of iShares Morningstar Mid-Cap ETF by 2.8% during the second quarter. S.A. Mason LLC now owns 11,580 shares of the company’s stock worth $812,000 after purchasing an additional 310 shares in the last quarter. Institutional investors own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Price Performance

Shares of IMCB opened at $80.41 on Tuesday. The firm has a market capitalization of $960.93 million, a PE ratio of 53.25 and a beta of 0.98. iShares Morningstar Mid-Cap ETF has a 1-year low of $59.00 and a 1-year high of $80.67. The company’s fifty day moving average price is $75.81 and its 200-day moving average price is $72.83.

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.