Stifel Financial Corp Purchases 1,997 Shares of iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV)

Stifel Financial Corp lifted its position in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) by 4.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 42,931 shares of the company’s stock after buying an additional 1,997 shares during the period. Stifel Financial Corp’s holdings in iShares Morningstar Mid-Cap Value ETF were worth $3,188,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Jane Street Group LLC purchased a new stake in iShares Morningstar Mid-Cap Value ETF during the 3rd quarter valued at $467,000. Harbour Investments Inc. lifted its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 11.2% during the fourth quarter. Harbour Investments Inc. now owns 2,567 shares of the company’s stock valued at $191,000 after purchasing an additional 259 shares in the last quarter. Aire Advisors LLC boosted its position in shares of iShares Morningstar Mid-Cap Value ETF by 2.2% during the fourth quarter. Aire Advisors LLC now owns 37,116 shares of the company’s stock valued at $2,756,000 after buying an additional 799 shares during the last quarter. Ipsen Advisor Group LLC bought a new stake in iShares Morningstar Mid-Cap Value ETF in the 4th quarter worth about $5,837,000. Finally, Raymond James Financial Inc. purchased a new position in iShares Morningstar Mid-Cap Value ETF in the 4th quarter worth about $22,184,000.

iShares Morningstar Mid-Cap Value ETF Stock Up 1.9 %

Shares of NASDAQ IMCV opened at $72.64 on Friday. The firm’s 50-day moving average price is $71.90 and its 200-day moving average price is $75.14. iShares Morningstar Mid-Cap Value ETF has a 52-week low of $64.02 and a 52-week high of $81.32. The company has a market cap of $646.50 million, a PE ratio of 16.18 and a beta of 0.97.

iShares Morningstar Mid-Cap Value ETF Cuts Dividend

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

iShares Morningstar Mid-Cap Value ETF 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.