Janney Montgomery Scott LLC Decreases Holdings in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV)

Janney Montgomery Scott LLC reduced its position in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) by 8.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,370 shares of the company’s stock after selling 471 shares during the period. Janney Montgomery Scott LLC owned about 0.06% of iShares Morningstar Mid-Cap Value ETF worth $399,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IMCV. LaFleur & Godfrey LLC increased its position in shares of iShares Morningstar Mid-Cap Value ETF by 6.1% in the fourth quarter. LaFleur & Godfrey LLC now owns 8,286 shares of the company’s stock valued at $615,000 after buying an additional 479 shares in the last quarter. Park Avenue Securities LLC increased its holdings in 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 valued at $365,000 after acquiring an additional 2,267 shares in the last quarter. JPMorgan Chase & Co. raised its position in iShares Morningstar Mid-Cap Value ETF by 22.0% during the third quarter. JPMorgan Chase & Co. now owns 3,721 shares of the company’s stock worth $285,000 after acquiring an additional 670 shares during the last quarter. EP Wealth Advisors LLC purchased a new stake in shares of iShares Morningstar Mid-Cap Value ETF in the third quarter valued at about $3,316,000. Finally, Jane Street Group LLC purchased a new stake in shares of iShares Morningstar Mid-Cap Value ETF in the third quarter valued at about $467,000.

iShares Morningstar Mid-Cap Value ETF Price Performance

Shares of IMCV opened at $75.94 on Tuesday. iShares Morningstar Mid-Cap Value ETF has a 1-year low of $65.67 and a 1-year high of $81.32. The stock has a market cap of $672.07 million, a price-to-earnings ratio of 15.65 and a beta of 1.08. The firm has a 50 day simple moving average of $76.01 and a 200-day simple moving average of $76.03.

iShares Morningstar Mid-Cap Value ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given 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.