Bank of America Corp DE Sells 3,445 Shares of iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV)

Bank of America Corp DE trimmed its position in shares of iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) by 1.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 191,945 shares of the company’s stock after selling 3,445 shares during the period. Bank of America Corp DE owned approximately 2.17% of iShares Morningstar Mid-Cap Value ETF worth $14,254,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its position 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. Park Avenue Securities LLC boosted its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 85.5% in the 4th quarter. Park Avenue Securities LLC now owns 4,919 shares of the company’s stock valued at $365,000 after purchasing an additional 2,267 shares in the last quarter. LaFleur & Godfrey LLC boosted its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 6.1% in the 4th quarter. LaFleur & Godfrey LLC now owns 8,286 shares of the company’s stock valued at $615,000 after purchasing an additional 479 shares in the last quarter. Rodgers & Associates LTD increased its stake in shares of iShares Morningstar Mid-Cap Value ETF by 7.4% in the 4th quarter. Rodgers & Associates LTD now owns 85,443 shares of the company’s stock valued at $6,345,000 after purchasing an additional 5,868 shares during the last quarter. Finally, Flagship Harbor Advisors LLC increased its stake in shares of iShares Morningstar Mid-Cap Value ETF by 57.5% in the 4th quarter. Flagship Harbor Advisors LLC now owns 6,584 shares of the company’s stock valued at $489,000 after purchasing an additional 2,404 shares during the last quarter.

iShares Morningstar Mid-Cap Value ETF Stock Down 2.4%

Shares of IMCV stock opened at $73.54 on Thursday. The business has a fifty day simple moving average of $71.81 and a 200 day simple moving average of $74.87. The company has a market cap of $654.51 million, a P/E ratio of 16.18 and a beta of 1.08. iShares Morningstar Mid-Cap Value ETF has a twelve month low of $64.02 and a twelve month high of $81.32.

iShares Morningstar Mid-Cap Value ETF Cuts Dividend

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