iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) Shares Sold by Diversify Advisory Services LLC

Diversify Advisory Services LLC trimmed its stake in shares of iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) by 17.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,182 shares of the company’s stock after selling 3,027 shares during the period. Diversify Advisory Services LLC owned about 0.16% of iShares Morningstar Mid-Cap Value ETF worth $1,041,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Envestnet Asset Management Inc. boosted its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 1.5% in the second quarter. Envestnet Asset Management Inc. now owns 30,897 shares of the company’s stock worth $2,170,000 after buying an additional 465 shares during the period. AE Wealth Management LLC acquired a new position in iShares Morningstar Mid-Cap Value ETF in the 2nd quarter worth approximately $226,000. Cetera Investment Advisers grew its position in 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 purchasing an additional 1,351 shares in the last quarter. Park Avenue Securities LLC acquired a new stake in iShares Morningstar Mid-Cap Value ETF during the 3rd quarter valued at $203,000. Finally, LaFleur & Godfrey LLC lifted its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 4.7% in the third quarter. LaFleur & Godfrey LLC now owns 7,807 shares of the company’s stock valued at $598,000 after purchasing an additional 352 shares in the last quarter.

iShares Morningstar Mid-Cap Value ETF Trading Up 0.5 %

Shares of IMCV stock opened at $76.83 on Tuesday. The company has a market capitalization of $676.10 million, a price-to-earnings ratio of 15.65 and a beta of 1.08. iShares Morningstar Mid-Cap Value ETF has a 1-year low of $65.23 and a 1-year high of $81.32. The stock’s fifty day simple moving average is $76.92 and its 200-day simple moving average is $75.56.

iShares Morningstar Mid-Cap Value ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a $0.5157 dividend. The ex-dividend date was Tuesday, December 17th.

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.