Shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB – Get Free Report) reached a new 52-week low during trading on Friday . The company traded as low as $67.95 and last traded at $67.71, with a volume of 26223 shares traded. The stock had previously closed at $71.15.
iShares Morningstar Mid-Cap ETF Price Performance
The stock has a market capitalization of $801.73 million, a P/E ratio of 44.43 and a beta of 1.10. The stock’s 50-day simple moving average is $76.49 and its 200 day simple moving average is $77.41.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Glass Jacobson Investment Advisors llc lifted its position in iShares Morningstar Mid-Cap ETF by 508.1% during the third quarter. Glass Jacobson Investment Advisors llc now owns 821 shares of the company’s stock worth $62,000 after purchasing an additional 686 shares during the period. Global Wealth Strategies & Associates bought a new position in shares of iShares Morningstar Mid-Cap ETF in the 1st quarter valued at $81,000. EPG Wealth Management LLC raised its holdings in shares of iShares Morningstar Mid-Cap ETF by 26.2% during the 4th quarter. EPG Wealth Management LLC now owns 1,796 shares of the company’s stock worth $137,000 after buying an additional 373 shares in the last quarter. Synergy Investment Management LLC bought a new stake in shares of iShares Morningstar Mid-Cap ETF during the 4th quarter worth $178,000. Finally, Mercer Global Advisors Inc. ADV bought a new stake in shares of iShares Morningstar Mid-Cap ETF during the 4th quarter worth $201,000. Institutional investors and hedge funds own 22.26% of the company’s stock.
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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