Creative Financial Designs Inc. ADV Has $14.85 Million Stake in iShares Morningstar Mid-Cap ETF $IMCB

Creative Financial Designs Inc. ADV grew its holdings in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 6.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 179,442 shares of the company’s stock after buying an additional 11,167 shares during the period. iShares Morningstar Mid-Cap ETF accounts for about 0.9% of Creative Financial Designs Inc. ADV’s portfolio, making the stock its 24th biggest holding. Creative Financial Designs Inc. ADV owned approximately 1.05% of iShares Morningstar Mid-Cap ETF worth $14,845,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in IMCB. Royal Bank of Canada lifted its position in shares of iShares Morningstar Mid-Cap ETF by 0.8% in the first quarter. Royal Bank of Canada now owns 46,267 shares of the company’s stock valued at $3,428,000 after buying an additional 369 shares during the last quarter. Creative Planning lifted its position in shares of iShares Morningstar Mid-Cap ETF by 13.9% in the second quarter. Creative Planning now owns 4,592 shares of the company’s stock valued at $366,000 after buying an additional 562 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of iShares Morningstar Mid-Cap ETF by 4.0% in the second quarter. JPMorgan Chase & Co. now owns 25,892 shares of the company’s stock valued at $2,063,000 after buying an additional 993 shares during the last quarter. Bank of America Corp DE lifted its position in shares of iShares Morningstar Mid-Cap ETF by 3.3% in the second quarter. Bank of America Corp DE now owns 92,496 shares of the company’s stock valued at $7,368,000 after buying an additional 2,983 shares during the last quarter. Finally, MML Investors Services LLC lifted its position in shares of iShares Morningstar Mid-Cap ETF by 1.1% in the second quarter. MML Investors Services LLC now owns 121,599 shares of the company’s stock valued at $9,687,000 after buying an additional 1,298 shares during the last quarter. 22.26% of the stock is owned by institutional investors and hedge funds.

iShares Morningstar Mid-Cap ETF Stock Down 0.4%

IMCB opened at $89.69 on Wednesday. The stock has a market cap of $1.54 billion, a price-to-earnings ratio of 59.40 and a beta of 1.00. iShares Morningstar Mid-Cap ETF has a 12-month low of $75.45 and a 12-month high of $91.93. The business has a 50 day moving average of $87.02 and a 200-day moving average of $85.39.

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.