Jim Saulnier & Associates LLC Acquires New Position in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV)

Jim Saulnier & Associates LLC purchased a new position in shares of iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 20,850 shares of the company’s stock, valued at approximately $1,598,000. iShares Morningstar Mid-Cap Value ETF accounts for about 1.6% of Jim Saulnier & Associates LLC’s investment portfolio, making the stock its 13th largest position. Jim Saulnier & Associates LLC owned approximately 0.25% of iShares Morningstar Mid-Cap Value ETF at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in IMCV. Beacon Capital Management LLC acquired a new position in shares of iShares Morningstar Mid-Cap Value ETF in the 1st quarter valued at $102,000. LRI Investments LLC acquired a new position in shares of iShares Morningstar Mid-Cap Value ETF in the 1st quarter valued at $1,653,000. Cetera Investment Advisers boosted its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 149.7% in the 1st quarter. Cetera Investment Advisers now owns 21,216 shares of the company’s stock valued at $1,539,000 after purchasing an additional 12,718 shares during the last quarter. Cetera Advisors LLC acquired a new position in shares of iShares Morningstar Mid-Cap Value ETF in the 1st quarter valued at $220,000. Finally, Transcend Capital Advisors LLC boosted its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 5.2% in the 2nd quarter. Transcend Capital Advisors LLC now owns 2,954 shares of the company’s stock valued at $207,000 after purchasing an additional 147 shares during the last quarter.

iShares Morningstar Mid-Cap Value ETF Stock Up 0.8 %

Shares of IMCV opened at $80.31 on Friday. The firm has a market cap of $674.57 million, a PE ratio of 15.65 and a beta of 1.08. The company’s fifty day moving average is $77.12 and its two-hundred day moving average is $73.95. iShares Morningstar Mid-Cap Value ETF has a fifty-two week low of $62.59 and a fifty-two week high of $80.39.

iShares Morningstar Mid-Cap Value ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were issued a dividend of $0.5452 per share. The ex-dividend date of this dividend was Wednesday, September 25th.

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.