iShares Morningstar Mid-Cap Value ETF (IMCV) To Go Ex-Dividend on September 15th

iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) declared a quarterly dividend on Monday, September 14th. Investors of record on Tuesday, September 15th will be given a dividend of 0.5179 per share on Friday, September 18th. This represents a c) annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Tuesday, September 15th. This is a 23.9% increase from iShares Morningstar Mid-Cap Value ETF’s previous quarterly dividend of $0.42.

iShares Morningstar Mid-Cap Value ETF Stock Performance

Shares of NASDAQ IMCV opened at $95.40 on Wednesday. The company has a market capitalization of $1.16 billion, a PE ratio of 16.35 and a beta of 0.86. The company’s fifty day moving average price is $96.22 and its 200 day moving average price is $91.08. iShares Morningstar Mid-Cap Value ETF has a 1 year low of $77.65 and a 1 year high of $99.01.

Hedge Funds Weigh In On iShares Morningstar Mid-Cap Value ETF

Several institutional investors and hedge funds have recently modified their holdings of IMCV. Integrated Wealth Concepts LLC raised its position in iShares Morningstar Mid-Cap Value ETF by 7.9% during the second quarter. Integrated Wealth Concepts LLC now owns 5,508 shares of the company’s stock worth $503,000 after acquiring an additional 401 shares during the period. NewEdge Advisors LLC raised its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 123.1% during the second quarter. NewEdge Advisors LLC now owns 4,311 shares of the company’s stock valued at $394,000 after acquiring an additional 2,379 shares during the last quarter. Kintra Wealth LLC purchased a new position in shares of iShares Morningstar Mid-Cap Value ETF in the second quarter valued at approximately $210,000. Rodgers & Associates LTD boosted its stake in shares of iShares Morningstar Mid-Cap Value ETF by 0.7% in the second quarter. Rodgers & Associates LTD now owns 120,448 shares of the company’s stock worth $11,006,000 after acquiring an additional 795 shares during the last quarter. Finally, Bedel Financial Consulting Inc. boosted its stake in shares of iShares Morningstar Mid-Cap Value ETF by 7.1% in the second quarter. Bedel Financial Consulting Inc. now owns 97,819 shares of the company’s stock worth $8,938,000 after acquiring an additional 6,495 shares during the last quarter.

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.