Stratos Wealth Partners LTD. Acquires New Shares in iShares Morningstar Mid-Cap ETF $IMCB

Stratos Wealth Partners LTD. bought a new position in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 81,250 shares of the company’s stock, valued at approximately $6,748,000. Stratos Wealth Partners LTD. owned approximately 0.50% of iShares Morningstar Mid-Cap ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Financial Gravity Companies Inc. purchased a new position in iShares Morningstar Mid-Cap ETF during the 2nd quarter valued at about $26,000. Capital Investment Advisory Services LLC lifted its holdings in shares of iShares Morningstar Mid-Cap ETF by 245.8% in the third quarter. Capital Investment Advisory Services LLC now owns 332 shares of the company’s stock worth $28,000 after buying an additional 236 shares in the last quarter. Ameritas Advisory Services LLC bought a new position in shares of iShares Morningstar Mid-Cap ETF in the second quarter valued at approximately $29,000. one8zero8 LLC purchased a new position in iShares Morningstar Mid-Cap ETF during the third quarter valued at approximately $50,000. Finally, Archer Investment Corp increased its holdings in iShares Morningstar Mid-Cap ETF by 242.4% during the 2nd quarter. Archer Investment Corp now owns 1,099 shares of the company’s stock worth $88,000 after acquiring an additional 778 shares during the period. 22.26% of the stock is currently owned by institutional investors.

iShares Morningstar Mid-Cap ETF Price Performance

IMCB opened at $86.46 on Friday. The firm has a market capitalization of $1.47 billion, a P/E ratio of 57.26 and a beta of 1.04. iShares Morningstar Mid-Cap ETF has a one year low of $64.02 and a one year high of $88.70. The company has a fifty day moving average price of $84.87 and a 200-day moving average price of $83.06.

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.