iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV – Get Free Report) shares hit a new 52-week high during trading on Friday. The stock traded as high as $99.45 and last traded at $98.3440, with a volume of 104 shares traded. The stock had previously closed at $98.60.
iShares Morningstar Mid-Cap Value ETF Trading Down 0.5%
The stock’s fifty day simple moving average is $95.74 and its 200 day simple moving average is $92.78. The company has a market cap of $1.21 billion, a price-to-earnings ratio of 16.35 and a beta of 0.87.
iShares Morningstar Mid-Cap Value ETF Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were issued a $0.5179 dividend. This is a boost from iShares Morningstar Mid-Cap Value ETF’s previous quarterly dividend of $0.4180. This represents a $2.07 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date was Tuesday, September 15th.
Hedge Funds Weigh In On iShares Morningstar Mid-Cap Value ETF
Several large investors have recently modified their holdings of the business. International Assets Investment Management LLC purchased a new position in iShares Morningstar Mid-Cap Value ETF during the first quarter worth about $26,000. Mather Group LLC. purchased a new stake in shares of iShares Morningstar Mid-Cap Value ETF in the 3rd quarter valued at $37,000. Bessemer Group Inc. acquired a new position in iShares Morningstar Mid-Cap Value ETF in the 1st quarter valued at about $53,000. GK Wealth Management LLC acquired a new stake in shares of iShares Morningstar Mid-Cap Value ETF during the third quarter worth about $76,000. Finally, Western Wealth Management LLC acquired a new position in shares of iShares Morningstar Mid-Cap Value ETF in the first quarter valued at approximately $132,000.
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.
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