iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) Sees Unusually-High Trading Volume – What’s Next?

Shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) saw unusually-high trading volume on Monday . Approximately 36,584 shares changed hands during trading, an increase of 13% from the previous session’s volume of 32,465 shares.The stock last traded at $74.43 and had previously closed at $73.76.

iShares Morningstar Mid-Cap ETF Trading Down 1.2 %

The stock has a market cap of $883.82 million, a P/E ratio of 48.98 and a beta of 1.10. The firm has a 50-day simple moving average of $77.59 and a two-hundred day simple moving average of $77.40.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in IMCB. JPMorgan Chase & Co. increased its position in shares of iShares Morningstar Mid-Cap ETF by 35.9% in the third quarter. JPMorgan Chase & Co. now owns 20,480 shares of the company’s stock worth $1,557,000 after purchasing an additional 5,409 shares during the period. FMR LLC increased its position in shares of iShares Morningstar Mid-Cap ETF by 2.7% in the third quarter. FMR LLC now owns 7,972 shares of the company’s stock worth $606,000 after purchasing an additional 210 shares during the period. Jane Street Group LLC boosted its stake in iShares Morningstar Mid-Cap ETF by 73.7% in the third quarter. Jane Street Group LLC now owns 5,217 shares of the company’s stock valued at $397,000 after buying an additional 2,213 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in iShares Morningstar Mid-Cap ETF by 85.3% in the fourth quarter. Jones Financial Companies Lllp now owns 3,076 shares of the company’s stock valued at $234,000 after buying an additional 1,416 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in iShares Morningstar Mid-Cap ETF by 1.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 25,872 shares of the company’s stock valued at $1,967,000 after buying an additional 351 shares in the last quarter. Institutional investors own 22.26% of the company’s stock.

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.