Northwest Wealth Advisors LLC Buys New Holdings in iShares Morningstar Mid-Cap ETF $IMCB

Northwest Wealth Advisors LLC bought a new stake in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 117,988 shares of the company’s stock, valued at approximately $9,761,000. iShares Morningstar Mid-Cap ETF makes up approximately 7.6% of Northwest Wealth Advisors LLC’s holdings, making the stock its 3rd largest holding.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. HighTower Advisors LLC increased its position in iShares Morningstar Mid-Cap ETF by 3,833.4% in the 4th quarter. HighTower Advisors LLC now owns 1,846,327 shares of the company’s stock valued at $152,747,000 after buying an additional 1,799,387 shares in the last quarter. UBS Group AG increased its position in iShares Morningstar Mid-Cap ETF by 0.8% in the 4th quarter. UBS Group AG now owns 1,331,760 shares of the company’s stock valued at $110,177,000 after buying an additional 10,355 shares in the last quarter. RMG Wealth Management LLC increased its position in iShares Morningstar Mid-Cap ETF by 4.3% in the 3rd quarter. RMG Wealth Management LLC now owns 1,129,819 shares of the company’s stock valued at $93,679,000 after buying an additional 46,110 shares in the last quarter. Means Investment CO. Inc. increased its position in iShares Morningstar Mid-Cap ETF by 4.1% in the 4th quarter. Means Investment CO. Inc. now owns 428,013 shares of the company’s stock valued at $35,410,000 after buying an additional 16,966 shares in the last quarter. Finally, Matrix Trust Co increased its position in iShares Morningstar Mid-Cap ETF by 1.2% in the 4th quarter. Matrix Trust Co now owns 189,190 shares of the company’s stock valued at $15,652,000 after buying an additional 2,192 shares in the last quarter. 22.26% of the stock is owned by institutional investors.

iShares Morningstar Mid-Cap ETF Price Performance

Shares of iShares Morningstar Mid-Cap ETF stock opened at $91.32 on Friday. iShares Morningstar Mid-Cap ETF has a one year low of $75.45 and a one year high of $91.93. The firm has a market capitalization of $1.57 billion, a price-to-earnings ratio of 60.48 and a beta of 1.00. The business has a 50-day simple moving average of $87.25 and a 200 day simple moving average of $85.51.

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.