Corient Private Wealth LLC Cuts Holdings in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV)

Corient Private Wealth LLC lowered its position in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) by 4.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 22,184 shares of the company’s stock after selling 967 shares during the quarter. Corient Private Wealth LLC’s holdings in iShares Morningstar Mid-Cap Value ETF were worth $1,647,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. HM Payson & Co. purchased a new position in shares of iShares Morningstar Mid-Cap Value ETF in the 4th quarter worth about $51,000. Parkside Financial Bank & Trust lifted its position in iShares Morningstar Mid-Cap Value ETF by 53.5% during the fourth quarter. Parkside Financial Bank & Trust now owns 783 shares of the company’s stock valued at $58,000 after buying an additional 273 shares in the last quarter. Hopwood Financial Services Inc. purchased a new stake in iShares Morningstar Mid-Cap Value ETF during the fourth quarter worth approximately $71,000. Jones Financial Companies Lllp increased its position in shares of iShares Morningstar Mid-Cap Value ETF by 209.7% in the fourth quarter. Jones Financial Companies Lllp now owns 2,701 shares of the company’s stock worth $201,000 after acquiring an additional 1,829 shares in the last quarter. Finally, Assetmark Inc. purchased a new position in shares of iShares Morningstar Mid-Cap Value ETF in the 4th quarter valued at $243,000.

iShares Morningstar Mid-Cap Value ETF Trading Up 1.7 %

NASDAQ:IMCV opened at $74.77 on Tuesday. iShares Morningstar Mid-Cap Value ETF has a twelve month low of $68.12 and a twelve month high of $81.32. The firm has a market capitalization of $639.28 million, a price-to-earnings ratio of 16.61 and a beta of 1.10. The firm’s fifty day simple moving average is $75.55 and its 200 day simple moving average is $76.30.

iShares Morningstar Mid-Cap Value ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, March 21st. Stockholders of record on Tuesday, March 18th were given a $0.4353 dividend. The ex-dividend date of this dividend was Tuesday, March 18th.

About iShares Morningstar Mid-Cap Value ETF

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.