iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) Sets New 12-Month High – Here’s What Happened

iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) reached a new 52-week high during trading on Monday . The company traded as high as $77.13 and last traded at $77.12, with a volume of 7011 shares. The stock had previously closed at $76.76.

iShares Morningstar Mid-Cap Value ETF Stock Performance

The stock has a fifty day moving average of $75.03 and a 200 day moving average of $72.49. The company has a market capitalization of $654.36 million, a PE ratio of 15.65 and a beta of 1.08.

iShares Morningstar Mid-Cap Value ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were issued a $0.5452 dividend. The ex-dividend date of this dividend was Wednesday, September 25th.

Institutional Trading of iShares Morningstar Mid-Cap Value ETF

Hedge funds have recently modified their holdings of the company. Cetera Investment Advisers raised its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 6.4% during the 2nd quarter. Cetera Investment Advisers now owns 22,567 shares of the company’s stock worth $1,585,000 after acquiring an additional 1,351 shares in the last quarter. Jackson Creek Investment Advisors LLC raised its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 7.5% during the 2nd quarter. Jackson Creek Investment Advisors LLC now owns 8,418 shares of the company’s stock worth $591,000 after acquiring an additional 585 shares in the last quarter. LaFleur & Godfrey LLC raised its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 4.7% during the 3rd quarter. LaFleur & Godfrey LLC now owns 7,807 shares of the company’s stock worth $598,000 after acquiring an additional 352 shares in the last quarter. Osaic Holdings Inc. raised its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 38.4% during the 1st quarter. Osaic Holdings Inc. now owns 130,491 shares of the company’s stock worth $9,467,000 after acquiring an additional 36,208 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 2,759.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,631 shares of the company’s stock worth $191,000 after acquiring an additional 2,539 shares in the last quarter.

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.