Matrix Trust Co Reduces Position in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

Matrix Trust Co lessened its holdings in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 0.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 174,200 shares of the company’s stock after selling 605 shares during the period. iShares Morningstar Mid-Cap ETF accounts for approximately 2.3% of Matrix Trust Co’s investment portfolio, making the stock its 17th biggest position. Matrix Trust Co’s holdings in iShares Morningstar Mid-Cap ETF were worth $13,265,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the business. Aptus Capital Advisors LLC acquired a new position in iShares Morningstar Mid-Cap ETF in the 3rd quarter valued at about $7,626,000. Townsquare Capital LLC boosted its holdings in iShares Morningstar Mid-Cap ETF by 7.4% in the 3rd quarter. Townsquare Capital LLC now owns 561,771 shares of the company’s stock valued at $42,706,000 after purchasing an additional 38,563 shares during the last quarter. MML Investors Services LLC boosted its holdings in iShares Morningstar Mid-Cap ETF by 25.2% in the 3rd quarter. MML Investors Services LLC now owns 110,379 shares of the company’s stock valued at $8,391,000 after purchasing an additional 22,198 shares during the last quarter. Steele Capital Management Inc. boosted its holdings in iShares Morningstar Mid-Cap ETF by 12.9% in the 3rd quarter. Steele Capital Management Inc. now owns 174,807 shares of the company’s stock valued at $13,344,000 after purchasing an additional 19,922 shares during the last quarter. Finally, Jim Saulnier & Associates LLC acquired a new position in iShares Morningstar Mid-Cap ETF in the 3rd quarter valued at about $1,123,000. Hedge funds and other institutional investors own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Price Performance

NYSEARCA:IMCB opened at $75.65 on Monday. The firm has a market capitalization of $904.02 million, a price-to-earnings ratio of 50.10 and a beta of 0.98. The company’s 50-day moving average is $78.92 and its two-hundred day moving average is $75.42. iShares Morningstar Mid-Cap ETF has a 1-year low of $64.87 and a 1-year high of $82.52.

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.