iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV – Get Free Report) shares hit a new 52-week high on Monday . The company traded as high as $94.33 and last traded at $94.24, with a volume of 4987 shares changing hands. The stock had previously closed at $93.51.
iShares Morningstar Mid-Cap Value ETF Trading Up 0.6%
The firm has a 50-day moving average of $90.35 and a 200-day moving average of $87.58. The stock has a market capitalization of $1.11 billion, a price-to-earnings ratio of 16.35 and a beta of 0.86.
iShares Morningstar Mid-Cap Value ETF Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were paid a dividend of $0.418 per share. This represents a $1.67 annualized dividend and a yield of 1.8%. The ex-dividend date was Monday, June 15th. This is a boost from iShares Morningstar Mid-Cap Value ETF’s previous quarterly dividend of $0.35.
Institutional Inflows and Outflows
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.
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