Cwm LLC Sells 504 Shares of iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV)

Cwm LLC lessened its holdings in shares of iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) by 8.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,170 shares of the company’s stock after selling 504 shares during the quarter. Cwm LLC owned 0.06% of iShares Morningstar Mid-Cap Value ETF worth $384,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of IMCV. Raymond James Financial Inc. purchased a new stake in shares of iShares Morningstar Mid-Cap Value ETF in the fourth quarter valued at about $22,184,000. JPMorgan Chase & Co. raised its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 61.3% in the fourth quarter. JPMorgan Chase & Co. now owns 6,003 shares of the company’s stock valued at $446,000 after purchasing an additional 2,282 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 8.4% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 6,703 shares of the company’s stock valued at $497,000 after purchasing an additional 522 shares during the last quarter. Private Trust Co. NA raised its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 130.0% in the first quarter. Private Trust Co. NA now owns 713 shares of the company’s stock valued at $53,000 after purchasing an additional 403 shares during the last quarter. Finally, Mariner LLC raised its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 2.9% in the fourth quarter. Mariner LLC now owns 58,088 shares of the company’s stock valued at $4,314,000 after purchasing an additional 1,659 shares during the last quarter.

iShares Morningstar Mid-Cap Value ETF Price Performance

Shares of IMCV stock opened at $78.69 on Friday. The firm has a 50-day moving average of $75.73 and a 200-day moving average of $74.36. The company has a market cap of $735.75 million, a P/E ratio of 16.35 and a beta of 1.08. iShares Morningstar Mid-Cap Value ETF has a one year low of $64.02 and a one year high of $81.32.

iShares Morningstar Mid-Cap Value ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 20th. Investors of record on Monday, June 16th were given a dividend of $0.4384 per share. The ex-dividend date was Monday, June 16th. This represents a $1.75 annualized dividend and a yield of 2.23%. This is a positive change from iShares Morningstar Mid-Cap Value ETF’s previous quarterly dividend of $0.37.

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.