iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) Shares Cross Above 200-Day Moving Average – Here’s What Happened

Shares of iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $74.28 and traded as high as $81.06. iShares Morningstar Mid-Cap Value ETF shares last traded at $80.37, with a volume of 16,438 shares trading hands.

iShares Morningstar Mid-Cap Value ETF Trading Down 0.8 %

The stock’s 50 day moving average price is $77.58 and its 200 day moving average price is $74.28. The firm has a market cap of $675.11 million, a PE ratio of 15.65 and a beta of 1.08.

iShares Morningstar Mid-Cap Value ETF Dividend Announcement

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

Institutional Investors Weigh In On iShares Morningstar Mid-Cap Value ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. EP Wealth Advisors LLC purchased a new stake in iShares Morningstar Mid-Cap Value ETF during the 3rd quarter worth $3,316,000. Jane Street Group LLC purchased a new stake in iShares Morningstar Mid-Cap Value ETF during the 3rd quarter worth $467,000. Stifel Financial Corp increased its stake in iShares Morningstar Mid-Cap Value ETF by 5.6% during the 3rd quarter. Stifel Financial Corp now owns 40,934 shares of the company’s stock worth $3,137,000 after buying an additional 2,185 shares during the period. FMR LLC increased its stake in iShares Morningstar Mid-Cap Value ETF by 35.8% during the 3rd quarter. FMR LLC now owns 3,993 shares of the company’s stock worth $306,000 after buying an additional 1,052 shares during the period. Finally, Jim Saulnier & Associates LLC purchased a new stake in iShares Morningstar Mid-Cap Value ETF during the 3rd quarter worth $1,598,000.

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.