Black Diamond Financial LLC Buys 9,150 Shares of iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV)

Black Diamond Financial LLC lifted its stake in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) by 8.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 113,392 shares of the company’s stock after purchasing an additional 9,150 shares during the quarter. iShares Morningstar Mid-Cap Value ETF comprises approximately 1.3% of Black Diamond Financial LLC’s holdings, making the stock its 23rd largest position. Black Diamond Financial LLC’s holdings in iShares Morningstar Mid-Cap Value ETF were worth $8,420,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its position in shares of iShares Morningstar Mid-Cap Value ETF by 22.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,721 shares of the company’s stock worth $285,000 after purchasing an additional 670 shares in the last quarter. Private Advisor Group LLC boosted its position in shares of iShares Morningstar Mid-Cap Value ETF by 12.6% in the 3rd quarter. Private Advisor Group LLC now owns 3,956 shares of the company’s stock worth $303,000 after purchasing an additional 442 shares in the last quarter. FMR LLC boosted its position in shares of iShares Morningstar Mid-Cap Value ETF by 35.8% in the 3rd quarter. FMR LLC now owns 3,993 shares of the company’s stock worth $306,000 after purchasing an additional 1,052 shares in the last quarter. Park Avenue Securities LLC boosted its position in shares of iShares Morningstar Mid-Cap Value ETF by 85.5% in the 4th quarter. Park Avenue Securities LLC now owns 4,919 shares of the company’s stock worth $365,000 after purchasing an additional 2,267 shares in the last quarter. Finally, Jane Street Group LLC bought a new stake in shares of iShares Morningstar Mid-Cap Value ETF in the 3rd quarter worth approximately $467,000.

iShares Morningstar Mid-Cap Value ETF Stock Down 1.0 %

Shares of NASDAQ IMCV opened at $76.09 on Monday. iShares Morningstar Mid-Cap Value ETF has a twelve month low of $67.85 and a twelve month high of $81.32. The firm has a market cap of $673.40 million, a P/E ratio of 15.65 and a beta of 1.08. The company has a 50 day moving average of $75.60 and a 200 day moving average of $76.26.

iShares Morningstar Mid-Cap Value ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a $0.5157 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

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.