iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) Hits New 1-Year High at $72.75

iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) reached a new 52-week high on Wednesday . The stock traded as high as $72.75 and last traded at $72.66, with a volume of 3782 shares trading hands. The stock had previously closed at $72.08.

iShares Morningstar Mid-Cap Value ETF Trading Down 0.3 %

The stock’s fifty day moving average price is $70.70 and its 200 day moving average price is $67.38. The stock has a market cap of $623.50 million, a P/E ratio of 15.65 and a beta of 1.08.

iShares Morningstar Mid-Cap Value ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Friday, March 22nd were paid a dividend of $0.3268 per share. This represents a $1.31 dividend on an annualized basis and a dividend yield of 1.80%. The ex-dividend date was Thursday, March 21st.

Institutional Trading of iShares Morningstar Mid-Cap Value ETF

A number of hedge funds have recently made changes to their positions in the stock. Atria Wealth Solutions Inc. boosted its holdings in iShares Morningstar Mid-Cap Value ETF by 7.3% in the fourth quarter. Atria Wealth Solutions Inc. now owns 38,137 shares of the company’s stock worth $2,583,000 after acquiring an additional 2,590 shares in the last quarter. Aire Advisors LLC boosted its stake in iShares Morningstar Mid-Cap Value ETF by 34.2% in the 4th quarter. Aire Advisors LLC now owns 38,375 shares of the company’s stock worth $2,599,000 after purchasing an additional 9,784 shares in the last quarter. UBS Group AG grew its position in iShares Morningstar Mid-Cap Value ETF by 8.4% during the 3rd quarter. UBS Group AG now owns 107,494 shares of the company’s stock valued at $6,513,000 after purchasing an additional 8,368 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in iShares Morningstar Mid-Cap Value ETF by 10.0% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 55,130 shares of the company’s stock valued at $3,733,000 after purchasing an additional 5,025 shares in the last quarter. Finally, Raymond James & Associates raised its holdings in iShares Morningstar Mid-Cap Value ETF by 35.0% in the fourth quarter. Raymond James & Associates now owns 92,597 shares of the company’s stock worth $6,271,000 after buying an additional 23,984 shares during the last quarter.

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.