iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) Sets New 52-Week High at $71.62

iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $71.62 and last traded at $71.55, with a volume of 3682 shares. The stock had previously closed at $70.87.

iShares Morningstar Mid-Cap Value ETF Trading Up 0.4 %

The firm has a fifty day moving average price of $68.55 and a 200 day moving average price of $64.92. The firm has a market cap of $627.56 million, a PE ratio of 14.20 and a beta of 1.08.

iShares Morningstar Mid-Cap Value ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Friday, March 22nd were paid a dividend of $0.3268 per share. This represents a $1.31 dividend on an annualized basis and a yield of 1.80%. The ex-dividend date was Thursday, March 21st.

Institutional Trading of iShares Morningstar Mid-Cap Value ETF

Several hedge funds have recently made changes to their positions in the company. Principal Securities Inc. acquired a new position in iShares Morningstar Mid-Cap Value ETF in the fourth quarter valued at approximately $42,000. Steward Partners Investment Advisory LLC lifted its stake in shares of iShares Morningstar Mid-Cap Value ETF by 5,269.2% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 698 shares of the company’s stock valued at $47,000 after purchasing an additional 685 shares during the last quarter. Harbour Investments Inc. purchased a new position in shares of iShares Morningstar Mid-Cap Value ETF during the 4th quarter worth $70,000. Avior Wealth Management LLC acquired a new stake in shares of iShares Morningstar Mid-Cap Value ETF during the 3rd quarter worth about $97,000. Finally, FMR LLC raised its holdings in iShares Morningstar Mid-Cap Value ETF by 137.0% in the 3rd quarter. FMR LLC now owns 2,043 shares of the company’s stock valued at $124,000 after buying an additional 1,181 shares during the period.

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.