LaFleur & Godfrey LLC acquired a new stake in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV – Free Report) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund acquired 10,799 shares of the company’s stock, valued at approximately $991,000.
Several other institutional investors have also recently bought and sold shares of IMCV. Black Diamond Financial LLC boosted its stake in iShares Morningstar Mid-Cap Value ETF by 8.6% in the third quarter. Black Diamond Financial LLC now owns 266,709 shares of the company’s stock worth $24,470,000 after purchasing an additional 21,097 shares in the last quarter. Matrix Trust Co increased its stake in shares of iShares Morningstar Mid-Cap Value ETF by 1.2% in the second quarter. Matrix Trust Co now owns 209,721 shares of the company’s stock valued at $19,164,000 after buying an additional 2,402 shares in the last quarter. Rodgers & Associates LTD increased its stake in shares of iShares Morningstar Mid-Cap Value ETF by 0.7% in the second quarter. Rodgers & Associates LTD now owns 120,448 shares of the company’s stock valued at $11,006,000 after buying an additional 795 shares in the last quarter. Cetera Investment Advisers increased its stake in shares of iShares Morningstar Mid-Cap Value ETF by 13.9% in the first quarter. Cetera Investment Advisers now owns 109,815 shares of the company’s stock valued at $9,311,000 after buying an additional 13,385 shares in the last quarter. Finally, Bedel Financial Consulting Inc. raised its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 7.1% in the second quarter. Bedel Financial Consulting Inc. now owns 97,819 shares of the company’s stock valued at $8,938,000 after buying an additional 6,495 shares during the last quarter.
iShares Morningstar Mid-Cap Value ETF Stock Down 0.2%
iShares Morningstar Mid-Cap Value ETF stock opened at $97.69 on Thursday. The stock has a 50-day simple moving average of $95.75 and a 200 day simple moving average of $90.97. The stock has a market capitalization of $1.25 billion, a price-to-earnings ratio of 16.35 and a beta of 0.87. iShares Morningstar Mid-Cap Value ETF has a 12-month low of $77.65 and a 12-month high of $99.01.
iShares Morningstar Mid-Cap Value ETF Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were given a $0.5179 dividend. This represents a $2.07 annualized dividend and a yield of 2.1%. The ex-dividend date was Tuesday, September 15th. This is a boost from iShares Morningstar Mid-Cap Value ETF’s previous quarterly dividend of $0.4180.
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.
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