UBS Group AG Has $15.93 Million Holdings in iShares Morningstar Mid-Cap Value ETF $IMCV

UBS Group AG grew its position in shares of iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) by 3.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 193,463 shares of the company’s stock after buying an additional 5,726 shares during the quarter. UBS Group AG owned approximately 1.74% of iShares Morningstar Mid-Cap Value ETF worth $15,929,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. Black Diamond Financial LLC increased its position in iShares Morningstar Mid-Cap Value ETF by 71.5% in the 3rd quarter. Black Diamond Financial LLC now owns 189,922 shares of the company’s stock worth $15,260,000 after buying an additional 79,153 shares during the period. Raymond James Financial Inc. increased its position in iShares Morningstar Mid-Cap Value ETF by 18.2% in the 2nd quarter. Raymond James Financial Inc. now owns 395,910 shares of the company’s stock worth $30,081,000 after buying an additional 60,971 shares during the period. Sovran Advisors LLC increased its position in iShares Morningstar Mid-Cap Value ETF by 136.6% in the 3rd quarter. Sovran Advisors LLC now owns 56,837 shares of the company’s stock worth $4,512,000 after buying an additional 32,813 shares during the period. Avior Wealth Management LLC bought a new position in iShares Morningstar Mid-Cap Value ETF in the 4th quarter worth approximately $1,260,000. Finally, swisspartners Advisors Ltd increased its position in iShares Morningstar Mid-Cap Value ETF by 12.7% in the 3rd quarter. swisspartners Advisors Ltd now owns 125,760 shares of the company’s stock worth $10,130,000 after buying an additional 14,140 shares during the period.

iShares Morningstar Mid-Cap Value ETF Stock Down 0.4%

Shares of NASDAQ IMCV opened at $88.25 on Thursday. The business’s 50 day moving average is $86.52 and its two-hundred day moving average is $84.68. The company has a market cap of $1.02 billion, a P/E ratio of 16.35 and a beta of 0.87. iShares Morningstar Mid-Cap Value ETF has a 12 month low of $72.61 and a 12 month high of $89.74.

iShares Morningstar Mid-Cap Value ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were given a dividend of $0.3501 per share. The ex-dividend date was Tuesday, March 17th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.6%.

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.