41,811 Shares in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) Purchased by Millstone Evans Group LLC

Millstone Evans Group LLC purchased a new stake in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 41,811 shares of the company’s stock, valued at approximately $3,105,000. iShares Morningstar Mid-Cap Value ETF accounts for 2.1% of Millstone Evans Group LLC’s holdings, making the stock its 6th biggest position. Millstone Evans Group LLC owned approximately 0.47% of iShares Morningstar Mid-Cap Value ETF at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Raymond James Financial Inc. acquired a new position in iShares Morningstar Mid-Cap Value ETF in the fourth quarter valued at $22,184,000. Lebenthal Global Advisors LLC purchased a new position in shares of iShares Morningstar Mid-Cap Value ETF in the 4th quarter worth about $3,908,000. EP Wealth Advisors LLC acquired a new position in shares of iShares Morningstar Mid-Cap Value ETF in the 3rd quarter valued at about $3,316,000. Jim Saulnier & Associates LLC acquired a new position in shares of iShares Morningstar Mid-Cap Value ETF in the 3rd quarter valued at about $1,598,000. Finally, DAVENPORT & Co LLC grew its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 74.8% during the 4th quarter. DAVENPORT & Co LLC now owns 26,448 shares of the company’s stock worth $1,964,000 after purchasing an additional 11,315 shares during the period.

iShares Morningstar Mid-Cap Value ETF Stock Performance

NASDAQ IMCV opened at $73.50 on Friday. The firm has a market capitalization of $650.48 million, a price-to-earnings ratio of 16.67 and a beta of 1.08. iShares Morningstar Mid-Cap Value ETF has a one year low of $68.12 and a one year high of $81.32. The company’s 50 day moving average price is $75.54 and its 200 day moving average price is $76.29.

iShares Morningstar Mid-Cap Value ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, March 21st. Stockholders of record on Tuesday, March 18th were paid a $0.4353 dividend. 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.