JPMorgan Chase & Co. Has $446,000 Holdings in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV)

JPMorgan Chase & Co. increased its position in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) by 61.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 6,003 shares of the company’s stock after purchasing an additional 2,282 shares during the period. JPMorgan Chase & Co. owned about 0.07% of iShares Morningstar Mid-Cap Value ETF worth $446,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new stake in iShares Morningstar Mid-Cap Value ETF during the 4th quarter worth about $22,184,000. Ipsen Advisor Group LLC purchased a new stake in shares of iShares Morningstar Mid-Cap Value ETF in the fourth quarter worth approximately $5,837,000. Lebenthal Global Advisors LLC purchased a new stake in shares of iShares Morningstar Mid-Cap Value ETF in the fourth quarter worth approximately $3,908,000. Millstone Evans Group LLC acquired a new stake in shares of iShares Morningstar Mid-Cap Value ETF during the fourth quarter worth approximately $3,105,000. Finally, DAVENPORT & Co LLC grew its position in iShares Morningstar Mid-Cap Value ETF by 74.8% during the fourth quarter. DAVENPORT & Co LLC now owns 26,448 shares of the company’s stock valued at $1,964,000 after purchasing an additional 11,315 shares in the last quarter.

iShares Morningstar Mid-Cap Value ETF Stock Down 0.2 %

IMCV stock opened at $71.27 on Friday. The company has a 50 day moving average of $71.97 and a two-hundred day moving average of $75.17. The company has a market cap of $634.30 million, a price-to-earnings ratio of 16.18 and a beta of 0.97. iShares Morningstar Mid-Cap Value ETF has a 12-month low of $64.02 and a 12-month high of $81.32.

iShares Morningstar Mid-Cap Value ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, March 18th were issued a dividend of $0.4353 per share. The ex-dividend date of this dividend was Tuesday, March 18th.

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.