iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) Shares Bought by Stifel Financial Corp

Stifel Financial Corp lifted its position in shares of iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) by 5.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 40,934 shares of the company’s stock after acquiring an additional 2,185 shares during the period. Stifel Financial Corp’s holdings in iShares Morningstar Mid-Cap Value ETF were worth $3,137,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in IMCV. Cetera Investment Advisers boosted its stake in iShares Morningstar Mid-Cap Value ETF by 6.4% in the second quarter. Cetera Investment Advisers now owns 22,567 shares of the company’s stock valued at $1,585,000 after acquiring an additional 1,351 shares during the period. LaFleur & Godfrey LLC lifted its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 4.7% in the 3rd quarter. LaFleur & Godfrey LLC now owns 7,807 shares of the company’s stock worth $598,000 after purchasing an additional 352 shares during the last quarter. International Assets Investment Management LLC acquired a new position in iShares Morningstar Mid-Cap Value ETF during the 3rd quarter valued at approximately $1,782,000. Private Advisor Group LLC grew its stake in iShares Morningstar Mid-Cap Value ETF by 12.6% during the 3rd quarter. Private Advisor Group LLC now owns 3,956 shares of the company’s stock worth $303,000 after buying an additional 442 shares during the last quarter. Finally, Jackson Creek Investment Advisors LLC increased its position in iShares Morningstar Mid-Cap Value ETF by 7.5% in the second quarter. Jackson Creek Investment Advisors LLC now owns 8,418 shares of the company’s stock worth $591,000 after buying an additional 585 shares during the period.

iShares Morningstar Mid-Cap Value ETF Stock Performance

IMCV stock opened at $75.60 on Wednesday. The stock’s fifty day moving average is $78.07 and its two-hundred day moving average is $74.83. The stock has a market capitalization of $635.04 million, a price-to-earnings ratio of 15.65 and a beta of 1.08. iShares Morningstar Mid-Cap Value ETF has a 1 year low of $65.23 and a 1 year high of $81.32.

iShares Morningstar Mid-Cap Value ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th will be paid a dividend of $0.5157 per share. The ex-dividend date is Tuesday, December 17th.

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.