iShares Morningstar Mid-Cap Value ETF $IMCV Stock Holdings Increased by Cetera Investment Advisers

Cetera Investment Advisers increased its stake in shares of iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) by 13.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 109,815 shares of the company’s stock after purchasing an additional 13,385 shares during the quarter. Cetera Investment Advisers’ holdings in iShares Morningstar Mid-Cap Value ETF were worth $9,311,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IMCV. Raymond James Financial Inc. boosted its stake in shares of iShares Morningstar Mid-Cap Value ETF by 3.3% during the 3rd quarter. Raymond James Financial Inc. now owns 409,104 shares of the company’s stock valued at $32,872,000 after buying an additional 13,194 shares during the period. LPL Financial LLC grew its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 22.1% during the 4th quarter. LPL Financial LLC now owns 338,792 shares of the company’s stock valued at $27,895,000 after acquiring an additional 61,366 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in shares of iShares Morningstar Mid-Cap Value ETF by 7.2% in the fourth quarter. Commonwealth Equity Services LLC now owns 291,826 shares of the company’s stock worth $24,028,000 after acquiring an additional 19,595 shares during the last quarter. Wells Fargo & Company MN increased its stake in shares of iShares Morningstar Mid-Cap Value ETF by 19.4% in the fourth quarter. Wells Fargo & Company MN now owns 261,282 shares of the company’s stock worth $21,514,000 after acquiring an additional 42,544 shares during the last quarter. Finally, Bank of America Corp DE raised its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 3.9% during the third quarter. Bank of America Corp DE now owns 228,185 shares of the company’s stock worth $18,335,000 after acquiring an additional 8,581 shares in the last quarter.

iShares Morningstar Mid-Cap Value ETF Trading Down 0.6%

IMCV opened at $95.68 on Friday. The stock has a market cap of $1.14 billion, a price-to-earnings ratio of 16.35 and a beta of 0.86. iShares Morningstar Mid-Cap Value ETF has a 1 year low of $75.64 and a 1 year high of $96.93. The stock has a fifty day moving average price of $92.07 and a 200 day moving average price of $88.68.

iShares Morningstar Mid-Cap Value ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were paid a dividend of $0.418 per share. This is a boost from iShares Morningstar Mid-Cap Value ETF’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.67 dividend on an annualized basis and a dividend yield of 1.7%.

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.