Harbour Investments Inc. Grows Stake in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV)

Harbour Investments Inc. lifted its stake in shares of iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) by 11.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,567 shares of the company’s stock after purchasing an additional 259 shares during the period. Harbour Investments Inc.’s holdings in iShares Morningstar Mid-Cap Value ETF were worth $191,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. FMR LLC increased its stake in shares of iShares Morningstar Mid-Cap Value ETF by 35.8% during the third quarter. FMR LLC now owns 3,993 shares of the company’s stock worth $306,000 after purchasing an additional 1,052 shares in the last quarter. Jane Street Group LLC purchased a new stake in iShares Morningstar Mid-Cap Value ETF during the 3rd quarter valued at about $467,000. EP Wealth Advisors LLC purchased a new stake in iShares Morningstar Mid-Cap Value ETF during the 3rd quarter valued at about $3,316,000. Park Avenue Securities LLC grew its stake in iShares Morningstar Mid-Cap Value ETF by 85.5% during the 4th quarter. Park Avenue Securities LLC now owns 4,919 shares of the company’s stock valued at $365,000 after acquiring an additional 2,267 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in 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 acquiring an additional 670 shares in the last quarter.

iShares Morningstar Mid-Cap Value ETF Trading Down 0.8 %

Shares of NASDAQ IMCV opened at $73.50 on Friday. iShares Morningstar Mid-Cap Value ETF has a 12-month low of $68.12 and a 12-month high of $81.32. The stock has a market cap of $628.43 million, a PE ratio of 16.61 and a beta of 1.10. The company has a 50-day moving average of $75.54 and a 200 day moving average of $76.29.

iShares Morningstar Mid-Cap Value ETF Cuts Dividend

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

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.