Bedel Financial Consulting Inc. Boosts Position in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

Bedel Financial Consulting Inc. boosted its holdings in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 27.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 40,210 shares of the company’s stock after buying an additional 8,617 shares during the quarter. iShares Morningstar Mid-Cap ETF accounts for about 0.4% of Bedel Financial Consulting Inc.’s portfolio, making the stock its 28th largest holding. Bedel Financial Consulting Inc. owned about 0.34% of iShares Morningstar Mid-Cap ETF worth $3,202,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of IMCB. Aptus Capital Advisors LLC purchased a new position in iShares Morningstar Mid-Cap ETF during the 3rd quarter worth approximately $7,626,000. Stratos Wealth Partners LTD. purchased a new position in shares of iShares Morningstar Mid-Cap ETF during the 4th quarter valued at approximately $4,494,000. EWG Elevate Inc. purchased a new position in shares of iShares Morningstar Mid-Cap ETF during the 4th quarter valued at approximately $3,235,000. Townsquare Capital LLC increased its holdings in shares of iShares Morningstar Mid-Cap ETF by 7.4% during the 3rd quarter. Townsquare Capital LLC now owns 561,771 shares of the company’s stock valued at $42,706,000 after purchasing an additional 38,563 shares in the last quarter. Finally, MML Investors Services LLC increased its holdings in shares of iShares Morningstar Mid-Cap ETF by 25.2% during the 3rd quarter. MML Investors Services LLC now owns 110,379 shares of the company’s stock valued at $8,391,000 after purchasing an additional 22,198 shares in the last quarter. 22.26% of the stock is owned by hedge funds and other institutional investors.

iShares Morningstar Mid-Cap ETF Price Performance

NYSEARCA:IMCB opened at $76.61 on Tuesday. The firm has a market cap of $915.49 million, a price-to-earnings ratio of 50.74 and a beta of 0.98. The company has a 50 day moving average price of $78.16 and a 200-day moving average price of $77.35. iShares Morningstar Mid-Cap ETF has a 1-year low of $68.07 and a 1-year high of $82.52.

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.