iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV – Get Free Report) reached a new 52-week high during trading on Friday. The stock traded as high as $99.45 and last traded at $98.3440, with a volume of 104 shares traded. The stock had previously closed at $98.60.
iShares Morningstar Mid-Cap Value ETF Stock Performance
The firm has a fifty day moving average price of $95.74 and a 200 day moving average price of $92.78. The stock has a market cap of $1.21 billion, a PE ratio of 16.35 and a beta of 0.87.
iShares Morningstar Mid-Cap Value ETF Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were paid a dividend of $0.5179 per share. This represents a $2.07 annualized dividend and a yield of 2.1%. The ex-dividend date was Tuesday, September 15th. This is a boost from iShares Morningstar Mid-Cap Value ETF’s previous quarterly dividend of $0.4180.
Institutional Trading of iShares Morningstar Mid-Cap Value ETF
A number of hedge funds and other institutional investors have recently made changes to their positions in IMCV. International Assets Investment Management LLC purchased a new stake in iShares Morningstar Mid-Cap Value ETF in the 1st quarter worth approximately $26,000. Mather Group LLC. acquired a new stake in shares of iShares Morningstar Mid-Cap Value ETF during the 3rd quarter valued at about $37,000. Bessemer Group Inc. purchased a new position in shares of iShares Morningstar Mid-Cap Value ETF in the 1st quarter valued at about $53,000. GK Wealth Management LLC purchased a new position in iShares Morningstar Mid-Cap Value ETF during the third quarter worth approximately $76,000. Finally, Western Wealth Management LLC acquired a new stake in iShares Morningstar Mid-Cap Value ETF in the first quarter valued at approximately $132,000.
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.
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