Parkside Financial Bank & Trust Boosts Stock Position in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV)

Parkside Financial Bank & Trust raised its position in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) by 53.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 783 shares of the company’s stock after purchasing an additional 273 shares during the period. Parkside Financial Bank & Trust’s holdings in iShares Morningstar Mid-Cap Value ETF were worth $58,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. JPMorgan Chase & Co. raised its position in shares of iShares Morningstar Mid-Cap Value ETF by 22.0% in the third quarter. JPMorgan Chase & Co. now owns 3,721 shares of the company’s stock valued at $285,000 after buying an additional 670 shares during the last quarter. Private Advisor Group LLC grew its holdings in iShares Morningstar Mid-Cap Value ETF by 12.6% in the 3rd quarter. Private Advisor Group LLC now owns 3,956 shares of the company’s stock valued at $303,000 after buying an additional 442 shares during the period. FMR LLC increased its stake in shares of 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 valued at $306,000 after acquiring an additional 1,052 shares during the last quarter. Park Avenue Securities LLC lifted its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 85.5% during the 4th quarter. Park Avenue Securities LLC now owns 4,919 shares of the company’s stock worth $365,000 after acquiring an additional 2,267 shares during the period. Finally, Jane Street Group LLC acquired a new stake in shares of iShares Morningstar Mid-Cap Value ETF in the third quarter worth approximately $467,000.

iShares Morningstar Mid-Cap Value ETF Stock Performance

Shares of IMCV stock opened at $75.65 on Tuesday. The firm has a market capitalization of $669.50 million, a price-to-earnings ratio of 15.65 and a beta of 1.08. iShares Morningstar Mid-Cap Value ETF has a one year low of $68.12 and a one year high of $81.32. The company has a 50 day moving average price of $75.76 and a 200 day moving average price of $76.42.

iShares Morningstar Mid-Cap Value ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid a dividend of $0.5157 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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.