Fmr LLC Boosts Stake in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV)

Fmr LLC increased its stake in shares of iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) by 35.8% during the third quarter, Holdings Channel.com reports. The institutional investor owned 3,993 shares of the company’s stock after buying an additional 1,052 shares during the quarter. Fmr LLC’s holdings in iShares Morningstar Mid-Cap Value ETF were worth $306,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. LaFleur & Godfrey LLC grew its stake in iShares Morningstar Mid-Cap Value ETF by 4.7% during the 3rd quarter. LaFleur & Godfrey LLC now owns 7,807 shares of the company’s stock valued at $598,000 after purchasing an additional 352 shares during the last quarter. Cetera Investment Advisers boosted its position in iShares Morningstar Mid-Cap Value ETF by 6.4% in the second quarter. Cetera Investment Advisers now owns 22,567 shares of the company’s stock valued at $1,585,000 after buying an additional 1,351 shares during the last quarter. International Assets Investment Management LLC acquired a new position in iShares Morningstar Mid-Cap Value ETF in the 3rd quarter worth approximately $1,782,000. Private Advisor Group LLC increased its holdings in iShares Morningstar Mid-Cap Value ETF by 12.6% in the 3rd quarter. Private Advisor Group LLC now owns 3,956 shares of the company’s stock worth $303,000 after buying an additional 442 shares during the period. Finally, Jackson Creek Investment Advisors LLC raised its position in iShares Morningstar Mid-Cap Value ETF by 7.5% during the 2nd quarter. Jackson Creek Investment Advisors LLC now owns 8,418 shares of the company’s stock worth $591,000 after buying an additional 585 shares during the last quarter.

iShares Morningstar Mid-Cap Value ETF Trading Up 1.6 %

Shares of NASDAQ IMCV opened at $74.36 on Friday. The stock has a market cap of $624.62 million, a price-to-earnings ratio of 15.65 and a beta of 1.08. iShares Morningstar Mid-Cap Value ETF has a 12 month low of $65.23 and a 12 month high of $81.32. The company has a 50 day simple moving average of $77.91 and a two-hundred day simple moving average of $74.83.

iShares Morningstar Mid-Cap Value ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a dividend of $0.5157 per share. The ex-dividend date was Tuesday, December 17th.

iShares Morningstar Mid-Cap Value ETF Company Profile

The iShares Morningstar Mid-Cap Value ETF (IMCV) is an exchange-traded fund that is based on the Morningstar US Mid Cap Broad Value index. The fund tracks a market cap-weighted index of US mid-cap stocks companies selected based on their value characteristics. IMCV was launched on Jun 28, 2004 and is managed by BlackRock.