iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) Hits New 1-Year High – Here’s What Happened

iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV)’s share price hit a new 52-week high during trading on Friday . The company traded as high as $79.85 and last traded at $79.78, with a volume of 1049 shares trading hands. The stock had previously closed at $79.64.

iShares Morningstar Mid-Cap Value ETF Price Performance

The company has a market cap of $674.57 million, a PE ratio of 15.65 and a beta of 1.08. The business has a 50 day moving average of $77.12 and a 200 day moving average of $73.95.

iShares Morningstar Mid-Cap Value ETF Announces Dividend

The business also recently announced a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were given a $0.5452 dividend. The ex-dividend date of this dividend was Wednesday, September 25th.

Institutional Investors Weigh In On iShares Morningstar Mid-Cap Value ETF

A number of large investors have recently modified their holdings of the stock. swisspartners Advisors Ltd purchased a new stake in iShares Morningstar Mid-Cap Value ETF in the third quarter worth about $7,922,000. EP Wealth Advisors LLC bought a new position in shares of iShares Morningstar Mid-Cap Value ETF in the 3rd quarter worth approximately $3,316,000. International Assets Investment Management LLC purchased a new position in shares of iShares Morningstar Mid-Cap Value ETF in the 3rd quarter valued at approximately $1,782,000. LRI Investments LLC bought a new stake in shares of iShares Morningstar Mid-Cap Value ETF during the first quarter valued at approximately $1,653,000. Finally, Jim Saulnier & Associates LLC purchased a new stake in iShares Morningstar Mid-Cap Value ETF in the third quarter worth $1,598,000.

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.