Marietta Wealth Management LLC Increases Stake in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV)

Marietta Wealth Management LLC increased its position in shares of iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) by 2.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 73,906 shares of the company’s stock after buying an additional 1,718 shares during the quarter. Marietta Wealth Management LLC’s holdings in iShares Morningstar Mid-Cap Value ETF were worth $5,488,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Lebenthal Global Advisors LLC purchased a new stake in shares of iShares Morningstar Mid-Cap Value ETF in the 4th quarter valued at approximately $3,908,000. Jim Saulnier & Associates LLC increased its holdings in iShares Morningstar Mid-Cap Value ETF by 28.7% in the fourth quarter. Jim Saulnier & Associates LLC now owns 26,833 shares of the company’s stock valued at $1,993,000 after buying an additional 5,983 shares during the last quarter. Flagship Harbor Advisors LLC raised its stake in iShares Morningstar Mid-Cap Value ETF by 57.5% in the fourth quarter. Flagship Harbor Advisors LLC now owns 6,584 shares of the company’s stock valued at $489,000 after buying an additional 2,404 shares in the last quarter. Rodgers & Associates LTD raised its stake in iShares Morningstar Mid-Cap Value ETF by 7.4% in the fourth quarter. Rodgers & Associates LTD now owns 85,443 shares of the company’s stock valued at $6,345,000 after buying an additional 5,868 shares in the last quarter. Finally, LaFleur & Godfrey LLC lifted its holdings in iShares Morningstar Mid-Cap Value ETF by 6.1% during the 4th quarter. LaFleur & Godfrey LLC now owns 8,286 shares of the company’s stock worth $615,000 after buying an additional 479 shares during the last quarter.

iShares Morningstar Mid-Cap Value ETF Stock Performance

IMCV opened at $76.41 on Friday. iShares Morningstar Mid-Cap Value ETF has a one year low of $65.67 and a one year high of $81.32. The company has a market cap of $676.23 million, a P/E ratio of 15.65 and a beta of 1.08. The business’s 50-day simple moving average is $76.57 and its 200-day simple moving average is $75.87.

iShares Morningstar Mid-Cap Value ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid a $0.5157 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

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.