Steele Capital Management Inc. Makes New $18.27 Million Investment in iShares Morningstar Mid-Cap ETF $IMCB

Steele Capital Management Inc. purchased a new position in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB – Free Report) during the 3rd quarter, Holdings Channel.com reports. The firm purchased 193,326 shares of the company’s stock, valued at approximately $18,265,000.

Other large investors also recently bought and sold shares of the company. Mather Group LLC. purchased a new stake in iShares Morningstar Mid-Cap ETF during the third quarter valued at $39,000. Compass Financial Management LLC bought a new position in iShares Morningstar Mid-Cap ETF during the second quarter valued at $52,000. Latitude Advisors LLC purchased a new position in shares of iShares Morningstar Mid-Cap ETF in the 3rd quarter worth $58,000. Western Wealth Management LLC purchased a new position in shares of iShares Morningstar Mid-Cap ETF in the 1st quarter worth $134,000. Finally, Signaturefd LLC purchased a new position in shares of iShares Morningstar Mid-Cap ETF in the 3rd quarter worth $168,000. Institutional investors own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Stock Down 3.6%

iShares Morningstar Mid-Cap ETF stock opened at $95.60 on Friday. The company’s 50-day moving average price is $97.15 and its 200-day moving average price is $92.78. iShares Morningstar Mid-Cap ETF has a twelve month low of $78.89 and a twelve month high of $101.37. The company has a market cap of $1.71 billion, a PE ratio of 63.31 and a beta of 0.99.

iShares Morningstar Mid-Cap ETF Company Profile

(Free Report)

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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Want to see what other hedge funds are holding IMCB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB – Free Report).

Institutional Ownership by Quarter for iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

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