iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) Shares Sold by XML Financial LLC

XML Financial LLC cut its stake in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 18.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,085 shares of the company’s stock after selling 720 shares during the quarter. XML Financial LLC’s holdings in iShares Morningstar Mid-Cap ETF were worth $235,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Aptus Capital Advisors LLC acquired a new stake in iShares Morningstar Mid-Cap ETF during the third quarter worth $7,626,000. EWG Elevate Inc. acquired a new stake in shares of iShares Morningstar Mid-Cap ETF during the 4th quarter worth about $3,235,000. Townsquare Capital LLC raised 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 buying an additional 38,563 shares during the period. MML Investors Services LLC lifted its position in iShares Morningstar Mid-Cap ETF by 25.2% in the third quarter. MML Investors Services LLC now owns 110,379 shares of the company’s stock valued at $8,391,000 after buying an additional 22,198 shares during the last quarter. Finally, Matrix Trust Co boosted its stake in iShares Morningstar Mid-Cap ETF by 12.9% during the third quarter. Matrix Trust Co now owns 174,805 shares of the company’s stock worth $13,289,000 after buying an additional 19,922 shares during the period. Hedge funds and other institutional investors own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Stock Performance

iShares Morningstar Mid-Cap ETF stock opened at $79.83 on Friday. The company’s 50 day simple moving average is $78.86 and its 200-day simple moving average is $75.88. iShares Morningstar Mid-Cap ETF has a 1 year low of $65.99 and a 1 year high of $82.52. The company has a market capitalization of $953.97 million, a price-to-earnings ratio of 52.87 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.