WealthTrak Capital Management LLC Makes New Investment in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV)

WealthTrak Capital Management LLC bought a new stake in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 4,233 shares of the company’s stock, valued at approximately $314,000.

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

iShares Morningstar Mid-Cap Value ETF Stock Down 1.4 %

NASDAQ IMCV opened at $73.30 on Friday. iShares Morningstar Mid-Cap Value ETF has a 12-month low of $68.12 and a 12-month high of $81.32. The firm has a 50-day moving average price of $75.41 and a two-hundred day moving average price of $76.28. The company has a market capitalization of $648.71 million, a P/E ratio of 16.61 and a beta of 1.08.

iShares Morningstar Mid-Cap Value ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, March 18th were given a dividend of $0.4353 per share. The ex-dividend date was Tuesday, March 18th.

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.