Evolution Wealth Advisors LLC Takes Position in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

Evolution Wealth Advisors LLC bought a new stake in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) in the fourth quarter, Holdings Channel reports. The institutional investor bought 4,000 shares of the company’s stock, valued at approximately $305,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. FMR LLC raised its holdings in iShares Morningstar Mid-Cap ETF by 2.7% during the third quarter. FMR LLC now owns 7,972 shares of the company’s stock worth $606,000 after purchasing an additional 210 shares in the last quarter. Jane Street Group LLC raised its holdings in iShares Morningstar Mid-Cap ETF by 73.7% during the third quarter. Jane Street Group LLC now owns 5,217 shares of the company’s stock worth $397,000 after purchasing an additional 2,213 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in iShares Morningstar Mid-Cap ETF by 1.4% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 25,872 shares of the company’s stock worth $1,967,000 after purchasing an additional 351 shares in the last quarter. Signaturefd LLC raised its holdings in iShares Morningstar Mid-Cap ETF by 12.1% during the third quarter. Signaturefd LLC now owns 1,453 shares of the company’s stock worth $110,000 after purchasing an additional 157 shares in the last quarter. Finally, Proactive Wealth Strategies LLC purchased a new position in iShares Morningstar Mid-Cap ETF during the third quarter worth about $322,000. 22.26% of the stock is owned by hedge funds and other institutional investors.

iShares Morningstar Mid-Cap ETF Stock Down 0.4 %

NYSEARCA IMCB opened at $79.60 on Thursday. The stock has a market capitalization of $951.22 million, a P/E ratio of 52.72 and a beta of 0.98. iShares Morningstar Mid-Cap ETF has a 52-week low of $65.99 and a 52-week high of $82.52. The firm has a 50-day moving average price of $78.84 and a 200 day moving average price of $75.85.

iShares Morningstar Mid-Cap ETF 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.