iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) Hits New 12-Month High at $76.29

Shares of iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $76.29 and last traded at $76.21, with a volume of 6575 shares changing hands. The stock had previously closed at $75.87.

iShares Morningstar Mid-Cap Value ETF Trading Up 0.7 %

The company has a market capitalization of $645.33 million, a price-to-earnings ratio of 15.65 and a beta of 1.08. The firm has a 50-day moving average price of $73.47 and a 200-day moving average price of $71.65.

Institutional Trading of iShares Morningstar Mid-Cap Value ETF

Institutional investors have recently bought and sold shares of the company. Principal Securities Inc. bought a new position in iShares Morningstar Mid-Cap Value ETF during the fourth quarter valued at about $42,000. Ashton Thomas Private Wealth LLC bought a new position in iShares Morningstar Mid-Cap Value ETF during the 2nd quarter worth about $56,000. Beacon Capital Management LLC bought a new stake in iShares Morningstar Mid-Cap Value ETF during the 1st quarter worth about $102,000. Geneos Wealth Management Inc. raised its position in shares of iShares Morningstar Mid-Cap Value ETF by 2,759.8% in the first quarter. Geneos Wealth Management Inc. now owns 2,631 shares of the company’s stock valued at $191,000 after purchasing an additional 2,539 shares during the period. Finally, Transcend Capital Advisors LLC grew its stake in iShares Morningstar Mid-Cap Value ETF by 5.2% in the 2nd quarter. Transcend Capital Advisors LLC now owns 2,954 shares of the company’s stock valued at $207,000 after buying an additional 147 shares during the last quarter.

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.