Geneos Wealth Management Inc. Purchases 2,539 Shares of iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV)

Geneos Wealth Management Inc. lifted its position in shares of iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) by 2,759.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,631 shares of the company’s stock after buying an additional 2,539 shares during the quarter. Geneos Wealth Management Inc.’s holdings in iShares Morningstar Mid-Cap Value ETF were worth $191,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Principal Securities Inc. bought a new position in shares of iShares Morningstar Mid-Cap Value ETF during the 4th quarter worth approximately $42,000. LaFleur & Godfrey LLC acquired a new stake in iShares Morningstar Mid-Cap Value ETF in the fourth quarter worth $218,000. TIAA Trust National Association bought a new stake in iShares Morningstar Mid-Cap Value ETF in the fourth quarter valued at $244,000. Harbour Investments Inc. raised its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 109.5% during the third quarter. Harbour Investments Inc. now owns 3,658 shares of the company’s stock valued at $222,000 after purchasing an additional 1,912 shares during the period. Finally, Altfest L J & Co. Inc. acquired a new position in shares of iShares Morningstar Mid-Cap Value ETF during the fourth quarter valued at about $295,000.

iShares Morningstar Mid-Cap Value ETF Price Performance

Shares of IMCV opened at $71.74 on Friday. iShares Morningstar Mid-Cap Value ETF has a one year low of $57.34 and a one year high of $72.79. The company has a market cap of $606.20 million, a PE ratio of 15.65 and a beta of 1.08. The stock has a 50-day moving average of $70.91 and a 200-day moving average of $69.48.

iShares Morningstar Mid-Cap Value ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were paid a $0.3668 dividend. The ex-dividend date of this dividend was Tuesday, June 11th. This represents a $1.47 dividend on an annualized basis and a yield of 2.05%.

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.