iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) Shares Sold by Wells Fargo & Company MN

Wells Fargo & Company MN lessened its holdings in shares of iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) by 8.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 166,680 shares of the company’s stock after selling 15,183 shares during the period. Wells Fargo & Company MN owned approximately 1.88% of iShares Morningstar Mid-Cap Value ETF worth $12,378,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of IMCV. Harbour Investments Inc. lifted its stake in shares of iShares Morningstar Mid-Cap Value ETF by 11.2% in the 4th quarter. Harbour Investments Inc. now owns 2,567 shares of the company’s stock valued at $191,000 after purchasing an additional 259 shares during the period. Parkside Financial Bank & Trust raised its position in shares of iShares Morningstar Mid-Cap Value ETF by 53.5% in the fourth quarter. Parkside Financial Bank & Trust now owns 783 shares of the company’s stock worth $58,000 after acquiring an additional 273 shares during the period. LaFleur & Godfrey LLC raised its position in shares of iShares Morningstar Mid-Cap Value ETF by 6.1% in the fourth quarter. LaFleur & Godfrey LLC now owns 8,286 shares of the company’s stock worth $615,000 after acquiring an additional 479 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of iShares Morningstar Mid-Cap Value ETF by 22.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,721 shares of the company’s stock worth $285,000 after acquiring an additional 670 shares in the last quarter. Finally, HM Payson & Co. acquired a new stake in shares of iShares Morningstar Mid-Cap Value ETF during the 4th quarter valued at about $51,000.

iShares Morningstar Mid-Cap Value ETF Trading Down 0.4 %

Shares of IMCV stock opened at $69.26 on Wednesday. iShares Morningstar Mid-Cap Value ETF has a 12-month low of $64.02 and a 12-month high of $81.32. The business’s 50 day moving average is $73.36 and its two-hundred day moving average is $75.66. The company has a market capitalization of $606.03 million, a P/E ratio of 14.76 and a beta of 1.08.

iShares Morningstar Mid-Cap Value ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, March 18th were paid a $0.4353 dividend. The ex-dividend date was Tuesday, March 18th.

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.