Jim Saulnier & Associates LLC Sells 1,534 Shares of iShares Morningstar Mid-Cap ETF $IMCB

Jim Saulnier & Associates LLC cut its holdings in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 7.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 17,856 shares of the company’s stock after selling 1,534 shares during the quarter. iShares Morningstar Mid-Cap ETF comprises 1.0% of Jim Saulnier & Associates LLC’s portfolio, making the stock its 25th largest position. Jim Saulnier & Associates LLC’s holdings in iShares Morningstar Mid-Cap ETF were worth $1,422,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ameritas Advisory Services LLC bought a new position in iShares Morningstar Mid-Cap ETF in the second quarter valued at approximately $29,000. Principal Securities Inc. boosted its stake in iShares Morningstar Mid-Cap ETF by 52.2% in the first quarter. Principal Securities Inc. now owns 408 shares of the company’s stock valued at $31,000 after acquiring an additional 140 shares during the last quarter. AE Wealth Management LLC boosted its stake in iShares Morningstar Mid-Cap ETF by 306.0% in the first quarter. AE Wealth Management LLC now owns 682 shares of the company’s stock valued at $51,000 after acquiring an additional 514 shares during the last quarter. Wealth Preservation Advisors LLC bought a new position in iShares Morningstar Mid-Cap ETF in the first quarter valued at approximately $52,000. Finally, Silicon Valley Capital Partners bought a new position in iShares Morningstar Mid-Cap ETF in the first quarter valued at approximately $70,000. 22.26% of the stock is owned by institutional investors.

iShares Morningstar Mid-Cap ETF Stock Performance

Shares of IMCB stock opened at $82.59 on Friday. iShares Morningstar Mid-Cap ETF has a 52-week low of $64.02 and a 52-week high of $83.95. The stock has a market cap of $1.21 billion, a PE ratio of 54.70 and a beta of 1.04. The firm’s 50 day moving average price is $82.63 and its two-hundred day moving average price is $79.56.

iShares Morningstar Mid-Cap ETF 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.