Rodgers & Associates LTD Raises Position in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV)

Rodgers & Associates LTD boosted its stake in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) by 7.4% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 83,185 shares of the company’s stock after buying an additional 5,753 shares during the quarter. Rodgers & Associates LTD’s holdings in iShares Morningstar Mid-Cap Value ETF were worth $5,633,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in IMCV. CWM LLC boosted its position in shares of iShares Morningstar Mid-Cap Value ETF by 17.4% during the third quarter. CWM LLC now owns 7,083 shares of the company’s stock valued at $429,000 after purchasing an additional 1,049 shares in the last quarter. Avior Wealth Management LLC bought a new stake in iShares Morningstar Mid-Cap Value ETF in the third quarter worth $97,000. Commonwealth Equity Services LLC grew its stake in shares of iShares Morningstar Mid-Cap Value ETF by 3.7% in the third quarter. Commonwealth Equity Services LLC now owns 150,580 shares of the company’s stock worth $9,124,000 after acquiring an additional 5,367 shares during the last quarter. Raymond James & Associates increased its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 1.9% during the third quarter. Raymond James & Associates now owns 68,613 shares of the company’s stock valued at $4,157,000 after acquiring an additional 1,279 shares in the last quarter. Finally, J.W. Cole Advisors Inc. raised its position in shares of iShares Morningstar Mid-Cap Value ETF by 40.7% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 5,466 shares of the company’s stock worth $331,000 after purchasing an additional 1,582 shares during the last quarter.

iShares Morningstar Mid-Cap Value ETF Stock Down 0.1 %

Shares of iShares Morningstar Mid-Cap Value ETF stock traded down $0.06 during trading hours on Thursday, reaching $70.08. 23,004 shares of the stock traded hands, compared to its average volume of 28,964. The firm has a market capitalization of $602.69 million, a price-to-earnings ratio of 15.13 and a beta of 0.88. The company has a 50 day moving average price of $69.99 and a 200 day moving average price of $66.16. iShares Morningstar Mid-Cap Value ETF has a one year low of $57.34 and a one year high of $72.64.

iShares Morningstar Mid-Cap Value ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Friday, March 22nd were paid a $0.3268 dividend. This represents a $1.31 dividend on an annualized basis and a dividend yield of 1.87%. The ex-dividend date was Thursday, March 21st.

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.