Matrix Trust Co Acquires 459 Shares of iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV)

Matrix Trust Co increased its holdings in shares of iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) by 0.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 198,225 shares of the company’s stock after purchasing an additional 459 shares during the period. iShares Morningstar Mid-Cap Value ETF makes up 2.6% of Matrix Trust Co’s portfolio, making the stock its 14th biggest position. Matrix Trust Co owned approximately 2.25% of iShares Morningstar Mid-Cap Value ETF worth $14,720,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Black Diamond Financial LLC lifted its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 12.0% in the third quarter. Black Diamond Financial LLC now owns 104,242 shares of the company’s stock valued at $8,029,000 after purchasing an additional 11,151 shares in the last quarter. swisspartners Advisors Ltd acquired a new stake in iShares Morningstar Mid-Cap Value ETF in the 3rd quarter valued at approximately $7,922,000. Marietta Wealth Management LLC lifted its stake in iShares Morningstar Mid-Cap Value ETF by 2.0% in the 3rd quarter. Marietta Wealth Management LLC now owns 72,188 shares of the company’s stock valued at $5,532,000 after acquiring an additional 1,400 shares in the last quarter. EP Wealth Advisors LLC acquired a new position in iShares Morningstar Mid-Cap Value ETF during the 3rd quarter worth approximately $3,316,000. Finally, Raymond James & Associates grew its stake in shares of iShares Morningstar Mid-Cap Value ETF by 4.7% during the 3rd quarter. Raymond James & Associates now owns 42,424 shares of the company’s stock worth $3,251,000 after acquiring an additional 1,902 shares in the last quarter.

iShares Morningstar Mid-Cap Value ETF Stock Down 1.4 %

Shares of IMCV stock opened at $73.43 on Monday. iShares Morningstar Mid-Cap Value ETF has a 12 month low of $65.23 and a 12 month high of $81.32. The company’s fifty day simple moving average is $77.18 and its 200-day simple moving average is $75.31. The firm has a market cap of $646.18 million, a PE ratio of 15.65 and a beta of 1.08.

iShares Morningstar Mid-Cap Value ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid a dividend of $0.5157 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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.