LPL Financial LLC Has $11.72 Million Position in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV)

LPL Financial LLC decreased its position in shares of iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) by 3.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 157,764 shares of the company’s stock after selling 5,601 shares during the period. LPL Financial LLC owned about 1.78% of iShares Morningstar Mid-Cap Value ETF worth $11,716,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the company. HM Payson & Co. acquired a new stake in shares of iShares Morningstar Mid-Cap Value ETF in the 4th quarter valued at $51,000. Parkside Financial Bank & Trust boosted its stake in iShares Morningstar Mid-Cap Value ETF by 53.5% in the fourth quarter. Parkside Financial Bank & Trust now owns 783 shares of the company’s stock valued at $58,000 after buying an additional 273 shares in the last quarter. Hopwood Financial Services Inc. acquired a new stake in iShares Morningstar Mid-Cap Value ETF in the fourth quarter valued at about $71,000. Harbour Investments Inc. grew its position in iShares Morningstar Mid-Cap Value ETF by 11.2% in the fourth quarter. Harbour Investments Inc. now owns 2,567 shares of the company’s stock valued at $191,000 after acquiring an additional 259 shares during the last quarter. Finally, Jones Financial Companies Lllp raised its stake in iShares Morningstar Mid-Cap Value ETF by 209.7% during the fourth quarter. Jones Financial Companies Lllp now owns 2,701 shares of the company’s stock worth $201,000 after acquiring an additional 1,829 shares in the last quarter.

iShares Morningstar Mid-Cap Value ETF Trading Up 0.9 %

IMCV opened at $74.90 on Thursday. iShares Morningstar Mid-Cap Value ETF has a 1-year low of $68.12 and a 1-year high of $81.32. The company’s 50 day moving average is $75.25 and its 200-day moving average is $76.29. The company has a market cap of $662.87 million, a P/E ratio of 16.61 and a beta of 1.08.

iShares Morningstar Mid-Cap Value ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, March 21st. Stockholders of record on Tuesday, March 18th were issued a dividend of $0.4353 per share. The ex-dividend date of this dividend was Tuesday, March 18th.

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.