10,049 Shares of iShares Morningstar Mid-Cap Value ETF $IMCV Bought by Retirement Planning Group LLC

Retirement Planning Group LLC acquired a new stake in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 10,049 shares of the company’s stock, valued at approximately $922,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Matrix Trust Co boosted its stake in iShares Morningstar Mid-Cap Value ETF by 1.2% during the 2nd quarter. Matrix Trust Co now owns 209,721 shares of the company’s stock valued at $19,164,000 after purchasing an additional 2,402 shares during the period. Rodgers & Associates LTD increased 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 valued at $11,006,000 after purchasing an additional 795 shares during the period. Cetera Investment Advisers increased its stake in shares of iShares Morningstar Mid-Cap Value ETF by 13.9% in the first quarter. Cetera Investment Advisers now owns 109,815 shares of the company’s stock valued at $9,311,000 after purchasing an additional 13,385 shares during the period. Bedel Financial Consulting Inc. increased 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 valued at $8,938,000 after purchasing an additional 6,495 shares during the period. Finally, Royal Bank of Canada raised its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 4.4% during the first quarter. Royal Bank of Canada now owns 97,441 shares of the company’s stock valued at $8,262,000 after buying an additional 4,110 shares during the last quarter.

iShares Morningstar Mid-Cap Value ETF Trading Up 0.4%

IMCV opened at $97.57 on Thursday. The business’s 50 day moving average is $95.73 and its 200-day moving average is $92.69. The stock has a market cap of $1.20 billion, a PE ratio of 16.35 and a beta of 0.87. iShares Morningstar Mid-Cap Value ETF has a twelve month low of $77.65 and a twelve month high of $99.01.

iShares Morningstar Mid-Cap Value ETF Increases Dividend

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

iShares Morningstar Mid-Cap Value ETF 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.