Ritholtz Wealth Management Acquires Shares of 9,224 iShares Morningstar Mid-Cap ETF $IMCB

Ritholtz Wealth Management bought a new stake in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm bought 9,224 shares of the company’s stock, valued at approximately $770,000. Ritholtz Wealth Management owned approximately 0.05% of iShares Morningstar Mid-Cap ETF as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of IMCB. Royal Bank of Canada raised its holdings in shares of iShares Morningstar Mid-Cap ETF by 0.8% during the 1st quarter. Royal Bank of Canada now owns 46,267 shares of the company’s stock worth $3,428,000 after buying an additional 369 shares in the last quarter. Creative Planning boosted its stake in 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 in the last quarter. JPMorgan Chase & Co. grew its position in 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 acquiring an additional 993 shares during the last quarter. Bank of America Corp DE grew its position in 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 acquiring an additional 2,983 shares during the last quarter. Finally, MML Investors Services LLC raised its stake in iShares Morningstar Mid-Cap ETF by 1.1% during the second quarter. MML Investors Services LLC now owns 121,599 shares of the company’s stock worth $9,687,000 after acquiring an additional 1,298 shares in the last quarter. Institutional investors own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Trading Up 0.4%

IMCB stock opened at $96.39 on Tuesday. The stock has a market capitalization of $1.66 billion, a P/E ratio of 63.83 and a beta of 0.99. iShares Morningstar Mid-Cap ETF has a 12 month low of $78.89 and a 12 month high of $96.90. The firm has a 50-day moving average price of $92.46 and a 200-day moving average price of $87.86.

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.