J.W. Cole Advisors Inc. Grows Stake in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV)

J.W. Cole Advisors Inc. grew its holdings in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) by 6.2% during the fourth quarter, HoldingsChannel reports. The fund owned 5,804 shares of the company’s stock after purchasing an additional 338 shares during the period. J.W. Cole Advisors Inc.’s holdings in iShares Morningstar Mid-Cap Value ETF were worth $393,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in IMCV. CWM LLC grew its stake in iShares Morningstar Mid-Cap Value ETF by 17.4% during the 3rd quarter. CWM LLC now owns 7,083 shares of the company’s stock worth $429,000 after buying an additional 1,049 shares during the last quarter. Avior Wealth Management LLC purchased a new position in iShares Morningstar Mid-Cap Value ETF during the 3rd quarter worth approximately $97,000. Commonwealth Equity Services LLC grew its stake in iShares Morningstar Mid-Cap Value ETF by 3.7% during the 3rd quarter. Commonwealth Equity Services LLC now owns 150,580 shares of the company’s stock worth $9,124,000 after buying an additional 5,367 shares during the last quarter. Raymond James & Associates grew its stake in iShares Morningstar Mid-Cap Value ETF by 1.9% during the 3rd quarter. Raymond James & Associates now owns 68,613 shares of the company’s stock worth $4,157,000 after buying an additional 1,279 shares during the last quarter. Finally, Orgel Wealth Management LLC grew its stake in iShares Morningstar Mid-Cap Value ETF by 12.5% during the 3rd quarter. Orgel Wealth Management LLC now owns 325,949 shares of the company’s stock worth $19,749,000 after buying an additional 36,277 shares during the last quarter.

iShares Morningstar Mid-Cap Value ETF Stock Up 0.3 %

NASDAQ:IMCV opened at $70.14 on Thursday. The stock’s 50 day moving average price is $69.95 and its 200 day moving average price is $66.14. The company has a market capitalization of $603.20 million, a PE ratio of 15.13 and a beta of 0.88. iShares Morningstar Mid-Cap Value ETF has a 52-week low of $57.34 and a 52-week high of $72.64.

iShares Morningstar Mid-Cap Value ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Friday, March 22nd were paid a dividend of $0.3268 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $1.31 dividend on an annualized basis and a yield of 1.86%.

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.