Kestra Advisory Services LLC Acquires 16,874 Shares of iShares Morningstar Mid-Cap Value ETF $IMCV

Kestra Advisory Services LLC grew its holdings in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) by 200.1% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 25,306 shares of the company’s stock after purchasing an additional 16,874 shares during the quarter. Kestra Advisory Services LLC owned about 0.22% of iShares Morningstar Mid-Cap Value ETF worth $2,146,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the business. Russell Investments Group Ltd. increased its stake in shares of iShares Morningstar Mid-Cap Value ETF by 394.4% in the fourth quarter. Russell Investments Group Ltd. now owns 351 shares of the company’s stock valued at $29,000 after buying an additional 280 shares in the last quarter. Godfrey Financial Associates Inc. acquired a new position in iShares Morningstar Mid-Cap Value ETF during the 4th quarter worth about $34,000. Wealth Watch Advisors INC bought a new stake in iShares Morningstar Mid-Cap Value ETF during the 3rd quarter worth about $35,000. Farther Finance Advisors LLC grew its holdings in iShares Morningstar Mid-Cap Value ETF by 523.2% during the 4th quarter. Farther Finance Advisors LLC now owns 698 shares of the company’s stock worth $58,000 after acquiring an additional 586 shares during the last quarter. Finally, US Bancorp DE increased its position in iShares Morningstar Mid-Cap Value ETF by 128.3% in the 3rd quarter. US Bancorp DE now owns 1,153 shares of the company’s stock valued at $93,000 after acquiring an additional 648 shares in the last quarter.

iShares Morningstar Mid-Cap Value ETF Stock Performance

Shares of NASDAQ IMCV opened at $94.39 on Monday. iShares Morningstar Mid-Cap Value ETF has a 1-year low of $75.64 and a 1-year high of $95.46. The company has a market cap of $1.12 billion, a PE ratio of 16.35 and a beta of 0.86. The company has a 50-day moving average of $90.87 and a two-hundred day moving average of $87.96.

iShares Morningstar Mid-Cap Value ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were paid a dividend of $0.418 per share. This represents a $1.67 annualized dividend and a dividend yield of 1.8%. This is an increase from iShares Morningstar Mid-Cap Value ETF’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend was Monday, June 15th.

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.