Aire Advisors LLC Increases Stake in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV)

Aire Advisors LLC grew its position in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) by 2.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 37,116 shares of the company’s stock after acquiring an additional 799 shares during the period. Aire Advisors LLC’s holdings in iShares Morningstar Mid-Cap Value ETF were worth $2,756,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in IMCV. HM Payson & Co. acquired a new position in iShares Morningstar Mid-Cap Value ETF during the 4th quarter worth approximately $51,000. Parkside Financial Bank & Trust boosted its stake in shares of iShares Morningstar Mid-Cap Value ETF by 53.5% in the fourth quarter. Parkside Financial Bank & Trust now owns 783 shares of the company’s stock valued at $58,000 after buying an additional 273 shares in the last quarter. Hopwood Financial Services Inc. acquired a new position in iShares Morningstar Mid-Cap Value ETF during the fourth quarter worth $71,000. Harbour Investments Inc. raised its position in iShares Morningstar Mid-Cap Value ETF by 11.2% in the fourth quarter. Harbour Investments Inc. now owns 2,567 shares of the company’s stock worth $191,000 after acquiring an additional 259 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted its holdings in iShares Morningstar Mid-Cap Value ETF by 209.7% in the fourth quarter. Jones Financial Companies Lllp now owns 2,701 shares of the company’s stock valued at $201,000 after acquiring an additional 1,829 shares during the period.

iShares Morningstar Mid-Cap Value ETF Stock Performance

Shares of NASDAQ IMCV opened at $74.77 on Tuesday. The company’s fifty day moving average is $75.55 and its two-hundred day moving average is $76.30. The firm has a market capitalization of $639.28 million, a P/E ratio of 16.61 and a beta of 1.10. iShares Morningstar Mid-Cap Value ETF has a one year low of $68.12 and a one year 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. Shareholders of record on Tuesday, March 18th were given 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.