J.W. Cole Advisors Inc. Boosts Stock Position in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV)

J.W. Cole Advisors Inc. increased its stake in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) by 6.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,804 shares of the company’s stock after buying an additional 338 shares during the quarter. J.W. Cole Advisors Inc. owned about 0.07% of iShares Morningstar Mid-Cap Value ETF worth $393,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Marietta Wealth Management LLC lifted its position in iShares Morningstar Mid-Cap Value ETF by 2.9% in the fourth quarter. Marietta Wealth Management LLC now owns 60,947 shares of the company’s stock worth $4,127,000 after buying an additional 1,737 shares during the last quarter. Aire Advisors LLC lifted its position in iShares Morningstar Mid-Cap Value ETF by 34.2% in the fourth quarter. Aire Advisors LLC now owns 38,375 shares of the company’s stock worth $2,599,000 after buying an additional 9,784 shares during the last quarter. TIAA Trust National Association bought a new stake in iShares Morningstar Mid-Cap Value ETF in the fourth quarter worth $244,000. Altfest L J & Co. Inc. bought a new stake in shares of iShares Morningstar Mid-Cap Value ETF during the fourth quarter worth $295,000. Finally, LaFleur & Godfrey LLC bought a new stake in shares of iShares Morningstar Mid-Cap Value ETF during the fourth quarter worth $218,000.

iShares Morningstar Mid-Cap Value ETF Trading Up 0.3 %

NASDAQ:IMCV opened at $70.14 on Thursday. iShares Morningstar Mid-Cap Value ETF has a twelve month low of $57.34 and a twelve month high of $72.64. The company has a market cap of $603.20 million, a price-to-earnings ratio of 15.13 and a beta of 0.88. The stock has a fifty day simple moving average of $69.95 and a 200-day simple moving average of $66.14.

iShares Morningstar Mid-Cap Value ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Friday, March 22nd were given a dividend of $0.3268 per share. The ex-dividend date was Thursday, March 21st. This represents a $1.31 annualized dividend and a dividend yield of 1.86%.

iShares Morningstar Mid-Cap Value ETF 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.