EWG Elevate Inc. Purchases Shares of 42,479 iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

EWG Elevate Inc. acquired a new stake in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) during the fourth quarter, HoldingsChannel reports. The firm acquired 42,479 shares of the company’s stock, valued at approximately $3,235,000. iShares Morningstar Mid-Cap ETF comprises about 1.0% of EWG Elevate Inc.’s investment portfolio, making the stock its 28th largest holding.

Several other hedge funds and other institutional investors have also made changes to their positions in IMCB. Glass Jacobson Investment Advisors llc increased its stake in iShares Morningstar Mid-Cap ETF by 508.1% in the third quarter. Glass Jacobson Investment Advisors llc now owns 821 shares of the company’s stock valued at $62,000 after purchasing an additional 686 shares during the last quarter. Signaturefd LLC boosted its holdings in shares of iShares Morningstar Mid-Cap ETF by 12.1% in the 3rd quarter. Signaturefd LLC now owns 1,453 shares of the company’s stock valued at $110,000 after buying an additional 157 shares in the last quarter. Matrix Private Capital Group LLC boosted its holdings in shares of iShares Morningstar Mid-Cap ETF by 12.0% in the 2nd quarter. Matrix Private Capital Group LLC now owns 2,664 shares of the company’s stock valued at $187,000 after buying an additional 285 shares in the last quarter. Arete Wealth Advisors LLC purchased a new position in shares of iShares Morningstar Mid-Cap ETF in the 3rd quarter valued at $208,000. Finally, B. Riley Wealth Advisors Inc. lifted its position in iShares Morningstar Mid-Cap ETF by 9.8% in the third quarter. B. Riley Wealth Advisors Inc. now owns 3,441 shares of the company’s stock valued at $261,000 after acquiring an additional 308 shares during the last quarter. Institutional investors and hedge funds own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Price Performance

NYSEARCA IMCB opened at $75.65 on Monday. The company has a fifty day moving average of $78.92 and a two-hundred day moving average of $75.42. iShares Morningstar Mid-Cap ETF has a 1 year low of $64.87 and a 1 year high of $82.52. The company has a market capitalization of $904.02 million, a PE ratio of 50.10 and a beta of 0.98.

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.