Raymond James & Associates Raises Stock Holdings in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV)

Raymond James & Associates increased its stake in shares of iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) by 4.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 42,424 shares of the company’s stock after purchasing an additional 1,902 shares during the quarter. Raymond James & Associates owned approximately 0.51% of iShares Morningstar Mid-Cap Value ETF worth $3,251,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Ashton Thomas Private Wealth LLC purchased a new stake in shares of iShares Morningstar Mid-Cap Value ETF during the 2nd quarter worth $56,000. Beacon Capital Management LLC acquired a new position in iShares Morningstar Mid-Cap Value ETF during the 1st quarter valued at about $102,000. Geneos Wealth Management Inc. increased its position in iShares Morningstar Mid-Cap Value ETF by 2,759.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,631 shares of the company’s stock valued at $191,000 after buying an additional 2,539 shares in the last quarter. Park Avenue Securities LLC acquired a new position in iShares Morningstar Mid-Cap Value ETF during the 3rd quarter valued at about $203,000. Finally, Transcend Capital Advisors LLC increased its position in iShares Morningstar Mid-Cap Value ETF by 5.2% during the 2nd quarter. Transcend Capital Advisors LLC now owns 2,954 shares of the company’s stock valued at $207,000 after buying an additional 147 shares in the last quarter.

iShares Morningstar Mid-Cap Value ETF Price Performance

Shares of NASDAQ:IMCV opened at $75.52 on Monday. The business’s 50-day moving average is $76.05 and its 200 day moving average is $73.04. iShares Morningstar Mid-Cap Value ETF has a 1 year low of $59.02 and a 1 year high of $78.04. The firm has a market capitalization of $634.37 million, a P/E ratio of 15.65 and a beta of 1.08.

iShares Morningstar Mid-Cap Value ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were given a dividend of $0.5452 per share. The ex-dividend date of this dividend was Wednesday, September 25th.

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.