Stifel Financial Corp Buys 1,997 Shares of iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV)

Stifel Financial Corp grew its position in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) by 4.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 42,931 shares of the company’s stock after purchasing an additional 1,997 shares during the period. Stifel Financial Corp owned about 0.49% of iShares Morningstar Mid-Cap Value ETF worth $3,188,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. HM Payson & Co. purchased a new stake in iShares Morningstar Mid-Cap Value ETF during the fourth quarter worth about $51,000. Parkside Financial Bank & Trust increased its stake in shares of iShares Morningstar Mid-Cap Value ETF by 53.5% during the 4th quarter. Parkside Financial Bank & Trust now owns 783 shares of the company’s stock worth $58,000 after purchasing an additional 273 shares during the last quarter. Hopwood Financial Services Inc. bought a new stake in shares of iShares Morningstar Mid-Cap Value ETF in the 4th quarter worth approximately $71,000. Harbour Investments Inc. lifted its stake in iShares Morningstar Mid-Cap Value ETF by 11.2% in the fourth quarter. Harbour Investments Inc. now owns 2,567 shares of the company’s stock valued at $191,000 after purchasing an additional 259 shares during the last quarter. Finally, Jones Financial Companies Lllp grew its holdings in iShares Morningstar Mid-Cap Value ETF by 209.7% during the fourth quarter. Jones Financial Companies Lllp now owns 2,701 shares of the company’s stock valued at $201,000 after purchasing an additional 1,829 shares during the period.

iShares Morningstar Mid-Cap Value ETF Price Performance

Shares of IMCV opened at $72.64 on Friday. The firm has a market cap of $646.50 million, a PE ratio of 16.18 and a beta of 0.97. iShares Morningstar Mid-Cap Value ETF has a 1 year low of $64.02 and a 1 year high of $81.32. The stock’s fifty day moving average price is $71.90 and its two-hundred day moving average price is $75.14.

iShares Morningstar Mid-Cap Value ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 21st. Shareholders of record on Tuesday, March 18th were issued a dividend of $0.4353 per share. The ex-dividend date was Tuesday, March 18th.

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.