Trust Co. of Vermont Makes New $3.65 Million Investment in iShares Morningstar Mid-Cap ETF $IMCB

Trust Co. of Vermont bought a new stake in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 45,368 shares of the company’s stock, valued at approximately $3,655,000.

A number of other hedge funds also recently modified their holdings of IMCB. HighTower Advisors LLC boosted its position in shares of iShares Morningstar Mid-Cap ETF by 3,833.4% in the fourth quarter. HighTower Advisors LLC now owns 1,846,327 shares of the company’s stock worth $152,747,000 after buying an additional 1,799,387 shares during the period. Creative Financial Designs Inc. ADV boosted its position in iShares Morningstar Mid-Cap ETF by 6.6% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 179,442 shares of the company’s stock worth $14,845,000 after acquiring an additional 11,167 shares during the period. Kestra Advisory Services LLC grew its stake in iShares Morningstar Mid-Cap ETF by 14.9% during the 1st quarter. Kestra Advisory Services LLC now owns 117,073 shares of the company’s stock valued at $9,767,000 after acquiring an additional 15,182 shares in the last quarter. Diversify Wealth Management LLC acquired a new position in shares of iShares Morningstar Mid-Cap ETF in the 1st quarter valued at about $756,000. Finally, Northwest Wealth Advisors LLC acquired a new position in iShares Morningstar Mid-Cap ETF in the 4th quarter valued at approximately $9,761,000. Hedge funds and other institutional investors own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Stock Down 0.6%

IMCB stock opened at $100.61 on Tuesday. The company has a 50 day moving average of $96.95 and a two-hundred day moving average of $91.13. The company has a market cap of $1.72 billion, a price-to-earnings ratio of 66.63 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 $101.37.

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.