5,642 iShares Morningstar Mid-Cap Value ETF $IMCV Shares Sold by Lebenthal Global Advisors LLC

Lebenthal Global Advisors LLC trimmed its position in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) by 8.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 58,902 shares of the company’s stock after selling 5,642 shares during the quarter. Lebenthal Global Advisors LLC owned approximately 0.46% of iShares Morningstar Mid-Cap Value ETF worth $5,404,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of IMCV. Black Diamond Financial LLC grew its stake in iShares Morningstar Mid-Cap Value ETF by 8.6% during the third quarter. Black Diamond Financial LLC now owns 266,709 shares of the company’s stock valued at $24,470,000 after acquiring an additional 21,097 shares in the last quarter. Matrix Trust Co lifted its stake in iShares Morningstar Mid-Cap Value ETF by 1.2% in the 2nd quarter. Matrix Trust Co now owns 209,721 shares of the company’s stock worth $19,164,000 after purchasing an additional 2,402 shares in the last quarter. Rodgers & Associates LTD lifted its stake in iShares Morningstar Mid-Cap Value ETF by 0.7% in the 2nd quarter. Rodgers & Associates LTD now owns 120,448 shares of the company’s stock worth $11,006,000 after purchasing an additional 795 shares in the last quarter. Cetera Investment Advisers boosted its holdings in iShares Morningstar Mid-Cap Value ETF by 13.9% in the 1st quarter. Cetera Investment Advisers now owns 109,815 shares of the company’s stock valued at $9,311,000 after purchasing an additional 13,385 shares during the period. Finally, Bedel Financial Consulting Inc. boosted its holdings in iShares Morningstar Mid-Cap Value ETF by 7.1% in the 2nd quarter. Bedel Financial Consulting Inc. now owns 97,819 shares of the company’s stock valued at $8,938,000 after purchasing an additional 6,495 shares during the period.

iShares Morningstar Mid-Cap Value ETF Price Performance

IMCV opened at $99.15 on Friday. The company has a fifty day moving average price of $95.79 and a 200-day moving average price of $91.11. The firm has a market capitalization of $1.27 billion, a P/E ratio of 16.35 and a beta of 0.87. iShares Morningstar Mid-Cap Value ETF has a one year low of $77.65 and a one year high of $99.75.

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 given a $0.5179 dividend. This represents a $2.07 dividend on an annualized basis and a dividend yield of 2.1%. This is a boost from iShares Morningstar Mid-Cap Value ETF’s previous quarterly dividend of $0.4180. The ex-dividend date was Tuesday, September 15th.

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.