Transcend Capital Advisors LLC Decreases Stock Holdings in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV)

Transcend Capital Advisors LLC lowered its position in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) by 5.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 2,803 shares of the company’s stock after selling 151 shares during the quarter. Transcend Capital Advisors LLC’s holdings in iShares Morningstar Mid-Cap Value ETF were worth $208,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of IMCV. Private Advisor Group LLC boosted its stake in iShares Morningstar Mid-Cap Value ETF by 12.6% in the third quarter. Private Advisor Group LLC now owns 3,956 shares of the company’s stock valued at $303,000 after acquiring an additional 442 shares in the last quarter. LaFleur & Godfrey LLC boosted its position 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 worth $615,000 after purchasing an additional 479 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of iShares Morningstar Mid-Cap Value ETF by 22.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,721 shares of the company’s stock worth $285,000 after purchasing an additional 670 shares in the last quarter. FMR LLC grew its stake in iShares Morningstar Mid-Cap Value ETF by 35.8% during the 3rd quarter. FMR LLC now owns 3,993 shares of the company’s stock worth $306,000 after buying an additional 1,052 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its position in iShares Morningstar Mid-Cap Value ETF by 7.3% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 16,162 shares of the company’s stock valued at $1,239,000 after buying an additional 1,102 shares in the last quarter.

iShares Morningstar Mid-Cap Value ETF Stock Performance

Shares of NASDAQ IMCV opened at $76.29 on Tuesday. iShares Morningstar Mid-Cap Value ETF has a fifty-two week low of $68.06 and a fifty-two week high of $81.32. The company has a market cap of $675.17 million, a PE ratio of 15.65 and a beta of 1.08. The business has a 50-day simple moving average of $75.59 and a two-hundred day simple moving average of $76.29.

iShares Morningstar Mid-Cap Value ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a $0.5157 dividend. The ex-dividend date was Tuesday, December 17th.

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.