iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) Short Interest Update

iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) was the target of a large decrease in short interest in March. As of March 15th, there was short interest totalling 62,600 shares, a decrease of 15.9% from the February 28th total of 74,400 shares. Based on an average trading volume of 33,600 shares, the days-to-cover ratio is currently 1.9 days. Currently, 0.7% of the company’s stock are short sold.

Institutional Investors Weigh In On iShares Morningstar Mid-Cap Value ETF

Several large investors have recently bought and sold shares of IMCV. Focus Partners Wealth boosted its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 2,220.8% during the 4th quarter. Focus Partners Wealth now owns 305,677 shares of the company’s stock valued at $22,700,000 after acquiring an additional 292,506 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in iShares Morningstar Mid-Cap Value ETF in the fourth quarter worth approximately $22,184,000. Commonwealth Equity Services LLC grew its position in iShares Morningstar Mid-Cap Value ETF by 2.6% in the 4th quarter. Commonwealth Equity Services LLC now owns 197,852 shares of the company’s stock worth $14,692,000 after purchasing an additional 4,921 shares during the period. Black Diamond Financial LLC raised its stake in iShares Morningstar Mid-Cap Value ETF by 8.8% during the 4th quarter. Black Diamond Financial LLC now owns 113,392 shares of the company’s stock valued at $8,420,000 after buying an additional 9,150 shares during the last quarter. Finally, Rodgers & Associates LTD lifted its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 7.4% during the 4th quarter. Rodgers & Associates LTD now owns 85,443 shares of the company’s stock valued at $6,345,000 after buying an additional 5,868 shares during the period.

iShares Morningstar Mid-Cap Value ETF Trading Up 1.2 %

Shares of IMCV opened at $74.19 on Tuesday. The company has a market cap of $656.58 million, a price-to-earnings ratio of 16.61 and a beta of 1.08. The business’s fifty day simple moving average is $75.35 and its two-hundred day simple moving average is $76.30. iShares Morningstar Mid-Cap Value ETF has a 12 month low of $68.12 and a 12 month high of $81.32.

iShares Morningstar Mid-Cap Value ETF Cuts Dividend

The firm also recently disclosed 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 of this dividend was Tuesday, March 18th.

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.