Creative Financial Designs Inc. ADV Raises Stock Holdings in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

Creative Financial Designs Inc. ADV boosted its holdings in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 13.9% in the fourth quarter, HoldingsChannel reports. The firm owned 6,568 shares of the company’s stock after purchasing an additional 804 shares during the period. Creative Financial Designs Inc. ADV’s holdings in iShares Morningstar Mid-Cap ETF were worth $500,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IMCB. Glass Jacobson Investment Advisors llc boosted its holdings in iShares Morningstar Mid-Cap ETF by 508.1% in the third 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. Synergy Investment Management LLC bought a new position in iShares Morningstar Mid-Cap ETF during the 4th quarter worth approximately $178,000. Arete Wealth Advisors LLC bought a new position in iShares Morningstar Mid-Cap ETF during the 3rd quarter worth approximately $208,000. Assetmark Inc. lifted its holdings in iShares Morningstar Mid-Cap ETF by 356.8% during the 4th quarter. Assetmark Inc. now owns 2,832 shares of the company’s stock worth $216,000 after buying an additional 2,212 shares during the last quarter. Finally, RFG Advisory LLC lifted its holdings in iShares Morningstar Mid-Cap ETF by 10.9% during the 4th 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 last quarter. Hedge funds and other institutional investors own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Stock Down 1.2 %

NYSEARCA:IMCB opened at $73.96 on Wednesday. The business’s 50 day moving average is $77.59 and its two-hundred day moving average is $77.40. iShares Morningstar Mid-Cap ETF has a 52 week low of $68.07 and a 52 week high of $82.52. The company has a market cap of $883.82 million, a PE ratio of 48.98 and a beta of 1.10.

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.