iShares Morningstar Mid-Cap ETF Price & Performance (IMCB)

Major index funds are reducing their holdings in the so-called 'Magnificent Seven' tech stocks due to concentration limits. These stocks, including prominent names like Apple and Microsoft, have seen massive growth, leading to an outsized influence on indexes. Fund managers are now rebalancing to comply with diversification rules.1

Mid-cap growth funds have surged in 2025, delivering a 6.5% gain year-to-date, outpacing the broader market by nearly 2 percentage points. Over the past year, these funds have achieved a 17.85% return, showcasing strong performance in sectors like technology and consumer cyclicals. Top performers include Fidelity and iShares funds.2

Traders eyeing iShares Morningstar Mid-Cap ETF (IMCB) should note resistance levels at $76.38 and $75.25. Technical analysis suggests shorting near these points with stop-loss strategies. The ETF remains weak in the near to mid-term, though it shows strength in longer-term outlooks, according to recent ratings.3