Sunburst Financial Group LLC Increases Holdings in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

Sunburst Financial Group LLC lifted its holdings in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 2.0% during the fourth quarter, HoldingsChannel reports. The firm owned 102,137 shares of the company’s stock after purchasing an additional 1,980 shares during the quarter. iShares Morningstar Mid-Cap ETF accounts for about 1.9% of Sunburst Financial Group LLC’s investment portfolio, making the stock its 12th biggest holding. Sunburst Financial Group LLC’s holdings in iShares Morningstar Mid-Cap ETF were worth $7,778,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. S.A. Mason LLC raised its position in iShares Morningstar Mid-Cap ETF by 1.2% in the third quarter. S.A. Mason LLC now owns 11,724 shares of the company’s stock worth $891,000 after acquiring an additional 144 shares during the period. Procyon Advisors LLC increased its stake in shares of iShares Morningstar Mid-Cap ETF by 3.0% during the 4th quarter. Procyon Advisors LLC now owns 4,984 shares of the company’s stock worth $380,000 after purchasing an additional 144 shares during the last quarter. Signaturefd LLC raised its holdings in shares of iShares Morningstar Mid-Cap ETF by 12.1% in the 3rd quarter. Signaturefd LLC now owns 1,453 shares of the company’s stock worth $110,000 after purchasing an additional 157 shares during the period. FMR LLC lifted its stake in iShares Morningstar Mid-Cap ETF by 2.7% in the third quarter. FMR LLC now owns 7,972 shares of the company’s stock valued at $606,000 after purchasing an additional 210 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV lifted its stake in iShares Morningstar Mid-Cap ETF by 4.0% in the third quarter. Creative Financial Designs Inc. ADV now owns 5,764 shares of the company’s stock valued at $438,000 after purchasing an additional 222 shares during 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 $79.26 on Friday. The company has a market capitalization of $947.16 million, a P/E ratio of 52.49 and a beta of 0.98. The business has a fifty day simple moving average of $78.32 and a two-hundred day simple moving average of $76.66. iShares Morningstar Mid-Cap ETF has a 1 year low of $67.45 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.