Apella Capital LLC Takes Position in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

Apella Capital LLC acquired a new stake in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 11,532 shares of the company’s stock, valued at approximately $730,000. Apella Capital LLC owned about 0.10% of iShares Morningstar Mid-Cap ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Ameritas Advisory Services LLC bought a new position in shares of iShares Morningstar Mid-Cap ETF during the first quarter valued at about $25,000. Balentine LLC bought a new position in shares of iShares Morningstar Mid-Cap ETF during the first quarter valued at about $29,000. Addison Advisors LLC grew its stake in shares of iShares Morningstar Mid-Cap ETF by 239.5% during the first quarter. Addison Advisors LLC now owns 645 shares of the company’s stock valued at $39,000 after buying an additional 455 shares during the last quarter. Financial Freedom LLC bought a new position in shares of iShares Morningstar Mid-Cap ETF during the fourth quarter valued at about $55,000. Finally, Belpointe Asset Management LLC bought a new position in shares of iShares Morningstar Mid-Cap ETF during the fourth quarter valued at about $56,000.

iShares Morningstar Mid-Cap ETF Trading Up 1.0 %

Shares of NYSEARCA:IMCB opened at $62.49 on Friday. The stock’s 50-day moving average price is $63.55 and its 200-day moving average price is $61.39. The stock has a market capitalization of $749.88 million, a P/E ratio of 18.03 and a beta of 1.07. iShares Morningstar Mid-Cap ETF has a 12-month low of $52.68 and a 12-month high of $65.75.

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.