C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Invests $1.50 Million in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 19,646 shares of the company’s stock, valued at approximately $1,496,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Stratos Wealth Partners LTD. bought a new position in shares of iShares Morningstar Mid-Cap ETF during the 4th quarter valued at approximately $4,494,000. Means Investment CO. Inc. lifted its holdings in iShares Morningstar Mid-Cap ETF by 11.3% during the fourth quarter. Means Investment CO. Inc. now owns 157,560 shares of the company’s stock valued at $11,998,000 after purchasing an additional 16,050 shares in the last quarter. Patriot Financial Group Insurance Agency LLC boosted its position in shares of iShares Morningstar Mid-Cap ETF by 7.7% in the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 18,123 shares of the company’s stock worth $1,380,000 after purchasing an additional 1,300 shares during the period. Jim Saulnier & Associates LLC increased its stake in shares of iShares Morningstar Mid-Cap ETF by 26.4% in the fourth quarter. Jim Saulnier & Associates LLC now owns 18,673 shares of the company’s stock worth $1,422,000 after purchasing an additional 3,896 shares in the last quarter. Finally, Atlas Private Wealth Advisors raised its position in shares of iShares Morningstar Mid-Cap ETF by 17.2% during the 4th quarter. Atlas Private Wealth Advisors now owns 8,854 shares of the company’s stock valued at $674,000 after purchasing an additional 1,298 shares during the period. 22.26% of the stock is currently owned by hedge funds and other institutional investors.

iShares Morningstar Mid-Cap ETF Stock Performance

IMCB opened at $78.58 on Thursday. The stock has a market cap of $939.03 million, a price-to-earnings ratio of 52.04 and a beta of 0.98. The firm’s fifty day moving average is $78.37 and its 200 day moving average is $76.64. iShares Morningstar Mid-Cap ETF has a fifty-two week low of $66.54 and a fifty-two week 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.