Flagstar Advisors Inc. Lowers Stake in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV)

Flagstar Advisors Inc. trimmed its holdings in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) by 2.4% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 28,317 shares of the company’s stock after selling 707 shares during the period. Flagstar Advisors Inc. owned 0.34% of iShares Morningstar Mid-Cap Value ETF worth $2,170,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the business. Raymond James Financial Services Advisors Inc. grew its position in iShares Morningstar Mid-Cap Value ETF by 6.7% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 255,330 shares of the company’s stock valued at $17,934,000 after buying an additional 15,922 shares during the last quarter. Black Diamond Financial LLC boosted its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 12.0% in the third quarter. Black Diamond Financial LLC now owns 104,242 shares of the company’s stock valued at $8,029,000 after acquiring an additional 11,151 shares in the last quarter. swisspartners Advisors Ltd acquired a new position in shares of iShares Morningstar Mid-Cap Value ETF during the third quarter worth about $7,922,000. Marietta Wealth Management LLC raised its holdings in iShares Morningstar Mid-Cap Value ETF by 2.0% during the third quarter. Marietta Wealth Management LLC now owns 72,188 shares of the company’s stock worth $5,532,000 after purchasing an additional 1,400 shares in the last quarter. Finally, Raymond James & Associates lifted its position in iShares Morningstar Mid-Cap Value ETF by 4.7% in the third quarter. Raymond James & Associates now owns 42,424 shares of the company’s stock valued at $3,251,000 after purchasing an additional 1,902 shares during the period.

iShares Morningstar Mid-Cap Value ETF Trading Up 0.8 %

NASDAQ IMCV opened at $80.31 on Friday. The business’s 50 day moving average is $77.12 and its two-hundred day moving average is $73.93. The stock has a market capitalization of $674.57 million, a price-to-earnings ratio of 15.65 and a beta of 1.08. iShares Morningstar Mid-Cap Value ETF has a 12-month low of $62.59 and a 12-month high of $80.39.

iShares Morningstar Mid-Cap Value ETF Announces Dividend

The business also recently announced a dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th were issued a $0.5452 dividend. The ex-dividend date of this dividend was Wednesday, September 25th.

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.