Courage Miller Partners LLC Makes New $1.57 Million Investment in iShares Morningstar Mid-Cap Value ETF $IMCV

Courage Miller Partners LLC acquired a new position in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 17,103 shares of the company’s stock, valued at approximately $1,569,000. Courage Miller Partners LLC owned approximately 0.14% of iShares Morningstar Mid-Cap Value ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of IMCV. International Assets Investment Management LLC purchased a new position in iShares Morningstar Mid-Cap Value ETF during the first quarter valued at $26,000. Mather Group LLC. bought a new stake in iShares Morningstar Mid-Cap Value ETF during the third quarter valued at about $37,000. Integrated Wealth Concepts LLC grew its holdings 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 valued at $503,000 after purchasing an additional 401 shares during the period. Bessemer Group Inc. purchased a new stake in iShares Morningstar Mid-Cap Value ETF in the first quarter worth about $53,000. Finally, D.A. Davidson & CO. increased its position in iShares Morningstar Mid-Cap Value ETF by 11.8% in the first quarter. D.A. Davidson & CO. now owns 6,172 shares of the company’s stock worth $523,000 after buying an additional 650 shares in the last quarter.

iShares Morningstar Mid-Cap Value ETF Stock Up 0.4%

Shares of IMCV opened at $97.57 on Thursday. The business has a 50-day simple moving average of $95.73 and a two-hundred day simple moving average of $92.69. iShares Morningstar Mid-Cap Value ETF has a 52 week low of $77.65 and a 52 week high of $99.01. The stock has a market cap of $1.20 billion, a price-to-earnings ratio of 16.35 and a beta of 0.87.

iShares Morningstar Mid-Cap Value ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were paid a dividend of $0.5179 per share. This is a boost from iShares Morningstar Mid-Cap Value ETF’s previous quarterly dividend of $0.4180. The ex-dividend date was Tuesday, September 15th. This represents a $2.07 dividend on an annualized basis and a dividend yield of 2.1%.

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.