UBS Group AG Buys 5,726 Shares of iShares Morningstar Mid-Cap Value ETF $IMCV

UBS Group AG raised its stake in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) by 3.1% during the fourth quarter, HoldingsChannel.com reports. The fund owned 193,463 shares of the company’s stock after acquiring an additional 5,726 shares during the quarter. UBS Group AG’s holdings in iShares Morningstar Mid-Cap Value ETF were worth $15,929,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of IMCV. Avior Wealth Management LLC acquired a new position in iShares Morningstar Mid-Cap Value ETF in the fourth quarter worth $1,260,000. Bedel Financial Consulting Inc. boosted its stake in iShares Morningstar Mid-Cap Value ETF by 8.2% in the third quarter. Bedel Financial Consulting Inc. now owns 81,837 shares of the company’s stock worth $6,576,000 after purchasing an additional 6,171 shares in the last quarter. Brand Asset Management Group Inc. acquired a new position in iShares Morningstar Mid-Cap Value ETF in the third quarter worth $808,000. Sovran Advisors LLC boosted its stake in iShares Morningstar Mid-Cap Value ETF by 136.6% in the third quarter. Sovran Advisors LLC now owns 56,837 shares of the company’s stock worth $4,512,000 after purchasing an additional 32,813 shares in the last quarter. Finally, Rodgers & Associates LTD boosted its stake in iShares Morningstar Mid-Cap Value ETF by 6.0% in the fourth quarter. Rodgers & Associates LTD now owns 111,456 shares of the company’s stock worth $9,177,000 after purchasing an additional 6,306 shares in the last quarter.

iShares Morningstar Mid-Cap Value ETF Stock Performance

iShares Morningstar Mid-Cap Value ETF stock opened at $88.25 on Thursday. The firm has a market cap of $1.02 billion, a P/E ratio of 16.35 and a beta of 0.87. The business’s fifty day moving average is $86.52 and its two-hundred day moving average is $84.68. iShares Morningstar Mid-Cap Value ETF has a 52 week low of $72.61 and a 52 week high of $89.74.

iShares Morningstar Mid-Cap Value ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were paid a $0.3501 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $1.40 dividend on an annualized basis and a yield of 1.6%.

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.