Brand Asset Management Group Inc. Has $2.74 Million Stock Position in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

Brand Asset Management Group Inc. reduced its position in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 0.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 35,978 shares of the company’s stock after selling 150 shares during the period. iShares Morningstar Mid-Cap ETF comprises about 1.1% of Brand Asset Management Group Inc.’s holdings, making the stock its 23rd largest position. Brand Asset Management Group Inc. owned approximately 0.30% of iShares Morningstar Mid-Cap ETF worth $2,740,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Glass Jacobson Investment Advisors llc increased 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 worth $62,000 after buying an additional 686 shares during the last quarter. Signaturefd LLC lifted its stake 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 valued at $110,000 after purchasing an additional 157 shares during the last quarter. Matrix Private Capital Group LLC boosted its holdings in iShares Morningstar Mid-Cap ETF by 12.0% in the second quarter. Matrix Private Capital Group LLC now owns 2,664 shares of the company’s stock worth $187,000 after purchasing an additional 285 shares in the last quarter. Arete Wealth Advisors LLC acquired a new position in iShares Morningstar Mid-Cap ETF during the third quarter worth $208,000. Finally, B. Riley Wealth Advisors Inc. raised its holdings in iShares Morningstar Mid-Cap ETF by 9.8% during the third quarter. B. Riley Wealth Advisors Inc. now owns 3,441 shares of the company’s stock valued at $261,000 after buying an additional 308 shares in the last quarter. 22.26% of the stock is owned by hedge funds and other institutional investors.

iShares Morningstar Mid-Cap ETF Stock Performance

IMCB opened at $78.89 on Friday. The stock has a 50-day moving average of $78.88 and a 200-day moving average of $75.61. iShares Morningstar Mid-Cap ETF has a 52-week low of $64.93 and a 52-week high of $82.52. The company has a market cap of $942.74 million, a PE ratio of 52.25 and a beta of 0.98.

iShares Morningstar Mid-Cap ETF 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.