iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) Holdings Boosted by JPMorgan Chase & Co.

JPMorgan Chase & Co. raised its stake in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) by 22.0% in the third quarter, HoldingsChannel.com reports. The fund owned 3,721 shares of the company’s stock after buying an additional 670 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares Morningstar Mid-Cap Value ETF were worth $285,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Park Avenue Securities LLC acquired a new stake in shares of iShares Morningstar Mid-Cap Value ETF in the third quarter valued at approximately $203,000. Oakworth Capital Inc. acquired a new position in shares of iShares Morningstar Mid-Cap Value ETF in the 3rd quarter worth approximately $263,000. Private Advisor Group LLC increased its holdings in shares of 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 buying an additional 442 shares in the last quarter. FMR LLC boosted its position in shares of iShares Morningstar Mid-Cap Value ETF by 35.8% in the 3rd quarter. FMR LLC now owns 3,993 shares of the company’s stock valued at $306,000 after purchasing an additional 1,052 shares during the period. Finally, Jane Street Group LLC purchased a new position in shares of iShares Morningstar Mid-Cap Value ETF in the third quarter worth approximately $467,000.

iShares Morningstar Mid-Cap Value ETF Stock Up 1.0 %

Shares of NASDAQ:IMCV opened at $77.19 on Friday. The company has a market cap of $683.13 million, a P/E ratio of 15.65 and a beta of 1.08. iShares Morningstar Mid-Cap Value ETF has a 12-month low of $65.67 and a 12-month high of $81.32. The company’s fifty day moving average is $76.65 and its two-hundred day moving average is $75.85.

iShares Morningstar Mid-Cap Value ETF Cuts Dividend

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