Commonwealth Equity Services LLC Has $15.45 Million Stock Holdings in iShares Morningstar Mid-Cap ETF $IMCB

Commonwealth Equity Services LLC decreased its position in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 51.4% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 185,989 shares of the company’s stock after selling 196,373 shares during the period. Commonwealth Equity Services LLC’s holdings in iShares Morningstar Mid-Cap ETF were worth $15,446,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Ameritas Advisory Services LLC bought a new stake in shares of iShares Morningstar Mid-Cap ETF in the second quarter worth about $29,000. Janney Montgomery Scott LLC grew its position in shares of iShares Morningstar Mid-Cap ETF by 4.6% in the 2nd quarter. Janney Montgomery Scott LLC now owns 11,659 shares of the company’s stock valued at $929,000 after purchasing an additional 510 shares during the period. Carnegie Investment Counsel increased its stake in iShares Morningstar Mid-Cap ETF by 702.8% during the 3rd quarter. Carnegie Investment Counsel now owns 55,676 shares of the company’s stock worth $4,624,000 after purchasing an additional 48,741 shares in the last quarter. CWM LLC increased its stake in iShares Morningstar Mid-Cap ETF by 3.8% during the 2nd quarter. CWM LLC now owns 13,933 shares of the company’s stock worth $1,110,000 after purchasing an additional 515 shares in the last quarter. Finally, Avantax Advisory Services Inc. raised its holdings in iShares Morningstar Mid-Cap ETF by 1.1% during the 2nd quarter. Avantax Advisory Services Inc. now owns 83,245 shares of the company’s stock worth $6,631,000 after buying an additional 890 shares during the period. Institutional investors own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Stock Up 0.6%

iShares Morningstar Mid-Cap ETF stock opened at $85.47 on Friday. The company has a 50 day moving average of $82.81 and a 200-day moving average of $82.13. iShares Morningstar Mid-Cap ETF has a twelve month low of $64.02 and a twelve month high of $85.67. The stock has a market capitalization of $1.45 billion, a PE ratio of 56.60 and a beta of 1.04.

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.