PCA Investment Advisory Services Inc. Cuts Stake in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV)

PCA Investment Advisory Services Inc. reduced its position in shares of iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) by 4.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 17,189 shares of the company’s stock after selling 742 shares during the quarter. PCA Investment Advisory Services Inc. owned 0.20% of iShares Morningstar Mid-Cap Value ETF worth $1,276,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of IMCV. LaFleur & Godfrey LLC raised its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 4.7% during the third quarter. LaFleur & Godfrey LLC now owns 7,807 shares of the company’s stock valued at $598,000 after purchasing an additional 352 shares during the last quarter. Private Advisor Group LLC lifted its holdings in iShares Morningstar Mid-Cap Value ETF by 12.6% in the third quarter. Private Advisor Group LLC now owns 3,956 shares of the company’s stock valued at $303,000 after acquiring an additional 442 shares during the period. Envestnet Asset Management Inc. boosted its position in iShares Morningstar Mid-Cap Value ETF by 1.5% in the second quarter. Envestnet Asset Management Inc. now owns 30,897 shares of the company’s stock worth $2,170,000 after purchasing an additional 465 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of iShares Morningstar Mid-Cap Value ETF by 22.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,721 shares of the company’s stock valued at $285,000 after purchasing an additional 670 shares during the period. Finally, Ashton Thomas Private Wealth LLC purchased a new stake in shares of iShares Morningstar Mid-Cap Value ETF during the 2nd quarter valued at about $56,000.

iShares Morningstar Mid-Cap Value ETF Stock Performance

IMCV opened at $74.18 on Tuesday. The stock has a market capitalization of $652.78 million, a price-to-earnings ratio of 15.65 and a beta of 1.08. The company has a fifty day moving average of $77.15 and a 200 day moving average of $75.34. iShares Morningstar Mid-Cap Value ETF has a fifty-two week low of $65.23 and a fifty-two week high of $81.32.

iShares Morningstar Mid-Cap Value ETF Cuts Dividend

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