Hopwood Financial Services Inc. Purchases New Shares in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV)

Hopwood Financial Services Inc. purchased a new stake in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 960 shares of the company’s stock, valued at approximately $71,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. HM Payson & Co. purchased a new position in iShares Morningstar Mid-Cap Value ETF during the 4th quarter worth $51,000. Jackson Creek Investment Advisors LLC raised its position in iShares Morningstar Mid-Cap Value ETF by 15.4% during the 4th quarter. Jackson Creek Investment Advisors LLC now owns 9,093 shares of the company’s stock worth $675,000 after buying an additional 1,215 shares during the last quarter. Raymond James Financial Inc. purchased a new position in iShares Morningstar Mid-Cap Value ETF during the 4th quarter worth $22,184,000. Assetmark Inc. purchased a new position in iShares Morningstar Mid-Cap Value ETF during the 4th quarter worth $243,000. Finally, DDFG Inc raised its position in iShares Morningstar Mid-Cap Value ETF by 17.7% during the 4th quarter. DDFG Inc now owns 7,029 shares of the company’s stock worth $522,000 after buying an additional 1,059 shares during the last quarter.

iShares Morningstar Mid-Cap Value ETF Stock Performance

Shares of iShares Morningstar Mid-Cap Value ETF stock opened at $72.40 on Thursday. The firm has a fifty day moving average of $75.65 and a two-hundred day moving average of $76.38. The company has a market cap of $640.74 million, a P/E ratio of 16.67 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.

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 issued a $0.5157 dividend. 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.