iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) Shares Sold by James J. Burns & Company LLC

James J. Burns & Company LLC lowered its stake in shares of iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) by 5.4% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 6,119 shares of the company’s stock after selling 349 shares during the period. James J. Burns & Company LLC owned about 0.07% of iShares Morningstar Mid-Cap Value ETF worth $454,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of IMCV. Ameriflex Group Inc. purchased a new position in iShares Morningstar Mid-Cap Value ETF in the 4th quarter worth approximately $32,000. HM Payson & Co. purchased a new position in shares of iShares Morningstar Mid-Cap Value ETF during the fourth quarter worth about $51,000. Parkside Financial Bank & Trust boosted its holdings in iShares Morningstar Mid-Cap Value ETF by 53.5% in the 4th quarter. Parkside Financial Bank & Trust now owns 783 shares of the company’s stock valued at $58,000 after purchasing an additional 273 shares in the last quarter. Hopwood Financial Services Inc. acquired a new stake in shares of iShares Morningstar Mid-Cap Value ETF during the 4th quarter valued at approximately $71,000. Finally, Harbour Investments Inc. raised its position in shares of iShares Morningstar Mid-Cap Value ETF by 11.2% during the 4th quarter. Harbour Investments Inc. now owns 2,567 shares of the company’s stock worth $191,000 after purchasing an additional 259 shares during the last quarter.

iShares Morningstar Mid-Cap Value ETF Stock Down 0.0%

Shares of NASDAQ IMCV opened at $73.98 on Friday. iShares Morningstar Mid-Cap Value ETF has a 52-week low of $64.02 and a 52-week high of $81.32. The firm has a fifty day moving average of $71.75 and a 200-day moving average of $74.66. The stock has a market capitalization of $658.42 million, a PE ratio of 16.57 and a beta of 1.08.

iShares Morningstar Mid-Cap Value ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 21st. Shareholders of record on Tuesday, March 18th were given a $0.4353 dividend. The ex-dividend date of this dividend was Tuesday, March 18th.

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.