Lebenthal Global Advisors LLC Acquires Shares of 52,632 iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV)

Lebenthal Global Advisors LLC bought a new position in shares of iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 52,632 shares of the company’s stock, valued at approximately $3,908,000. iShares Morningstar Mid-Cap Value ETF accounts for 0.7% of Lebenthal Global Advisors LLC’s investment portfolio, making the stock its 25th largest position. Lebenthal Global Advisors LLC owned 0.60% of iShares Morningstar Mid-Cap Value ETF as of its most recent SEC filing.

Several other large investors also recently modified their holdings of IMCV. Park Avenue Securities LLC bought a new position in iShares Morningstar Mid-Cap Value ETF in the 3rd quarter worth $203,000. AE Wealth Management LLC purchased a new position in shares of iShares Morningstar Mid-Cap Value ETF during the second quarter valued at about $226,000. Oakworth Capital Inc. bought a new position in iShares Morningstar Mid-Cap Value ETF in the third quarter worth about $263,000. JPMorgan Chase & Co. lifted its holdings in iShares Morningstar Mid-Cap Value ETF by 22.0% in the third quarter. JPMorgan Chase & Co. now owns 3,721 shares of the company’s stock worth $285,000 after buying an additional 670 shares during the period. Finally, Private Advisor Group LLC boosted its position in iShares Morningstar Mid-Cap Value ETF by 12.6% during the 3rd quarter. Private Advisor Group LLC now owns 3,956 shares of the company’s stock valued at $303,000 after acquiring an additional 442 shares in the last quarter.

iShares Morningstar Mid-Cap Value ETF Stock Performance

Shares of NASDAQ:IMCV opened at $77.12 on Monday. iShares Morningstar Mid-Cap Value ETF has a 52-week low of $65.67 and a 52-week high of $81.32. The firm has a market capitalization of $682.52 million, a P/E ratio of 15.65 and a beta of 1.08. The stock has a 50 day moving average price of $76.81 and a 200-day moving average price of $75.76.

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 dividend of $0.5157 per share. The ex-dividend date of this dividend 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.