Jim Saulnier & Associates LLC Grows Stock Position in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

Jim Saulnier & Associates LLC boosted its holdings in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 26.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 18,673 shares of the company’s stock after acquiring an additional 3,896 shares during the period. iShares Morningstar Mid-Cap ETF accounts for about 1.3% of Jim Saulnier & Associates LLC’s portfolio, making the stock its 18th largest holding. Jim Saulnier & Associates LLC owned approximately 0.16% of iShares Morningstar Mid-Cap ETF worth $1,422,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. Glass Jacobson Investment Advisors llc lifted its stake in shares of iShares Morningstar Mid-Cap ETF by 508.1% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 821 shares of the company’s stock valued at $62,000 after purchasing an additional 686 shares during the last quarter. Signaturefd LLC raised its holdings in iShares Morningstar Mid-Cap ETF by 12.1% in the 3rd quarter. Signaturefd LLC now owns 1,453 shares of the company’s stock valued at $110,000 after buying an additional 157 shares during the period. Arete Wealth Advisors LLC acquired a new position in iShares Morningstar Mid-Cap ETF in the third quarter valued at about $208,000. RFG Advisory LLC boosted its stake in iShares Morningstar Mid-Cap ETF by 10.9% during the fourth quarter. RFG Advisory LLC now owns 3,032 shares of the company’s stock worth $231,000 after buying an additional 298 shares during the period. Finally, B. Riley Wealth Advisors Inc. increased its position in shares of iShares Morningstar Mid-Cap ETF by 9.8% during the third quarter. B. Riley Wealth Advisors Inc. now owns 3,441 shares of the company’s stock valued at $261,000 after acquiring an additional 308 shares during the last quarter. 22.26% of the stock is currently owned by hedge funds and other institutional investors.

iShares Morningstar Mid-Cap ETF Stock Performance

iShares Morningstar Mid-Cap ETF stock opened at $79.78 on Monday. The company has a market capitalization of $953.37 million, a price-to-earnings ratio of 52.83 and a beta of 0.98. The company’s 50 day simple moving average is $78.88 and its 200-day simple moving average is $76.03. iShares Morningstar Mid-Cap ETF has a 1 year low of $66.02 and a 1 year high of $82.52.

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.