iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Friday . The company traded as high as $86.71 and last traded at $86.74, with a volume of 7633 shares changing hands. The stock had previously closed at $85.06.
iShares Morningstar Mid-Cap ETF Price Performance
The stock has a market capitalization of $1.48 billion, a price-to-earnings ratio of 57.65 and a beta of 1.04. The company has a 50-day simple moving average of $84.43 and a two-hundred day simple moving average of $82.86.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the company. IFP Advisors Inc increased its stake in shares of iShares Morningstar Mid-Cap ETF by 1,829.2% in the fourth quarter. IFP Advisors Inc now owns 4,630 shares of the company’s stock valued at $383,000 after purchasing an additional 4,390 shares during the period. Creative Financial Designs Inc. ADV grew its holdings in iShares Morningstar Mid-Cap ETF by 6.6% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 179,442 shares of the company’s stock worth $14,845,000 after buying an additional 11,167 shares in the last quarter. HighTower Advisors LLC increased its position in iShares Morningstar Mid-Cap ETF by 3,833.4% in the 4th quarter. HighTower Advisors LLC now owns 1,846,327 shares of the company’s stock valued at $152,747,000 after acquiring an additional 1,799,387 shares during the period. Lawood & Co. acquired a new stake in iShares Morningstar Mid-Cap ETF in the 4th quarter valued at approximately $557,000. Finally, Summit Wealth Group LLC Co. bought a new stake in iShares Morningstar Mid-Cap ETF during the 4th quarter valued at $316,000. 22.26% of the stock is owned by institutional investors and hedge funds.
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.
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