Black Diamond Financial LLC Grows Stock Holdings in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV)

Black Diamond Financial LLC raised its position in shares of iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) by 8.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 113,392 shares of the company’s stock after purchasing an additional 9,150 shares during the period. iShares Morningstar Mid-Cap Value ETF makes up approximately 1.3% of Black Diamond Financial LLC’s holdings, making the stock its 23rd largest holding. Black Diamond Financial LLC owned approximately 1.28% of iShares Morningstar Mid-Cap Value ETF worth $8,420,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 22.0% in the third quarter. JPMorgan Chase & Co. now owns 3,721 shares of the company’s stock worth $285,000 after buying an additional 670 shares during the period. Private Advisor Group LLC increased its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 12.6% in the third quarter. Private Advisor Group LLC now owns 3,956 shares of the company’s stock worth $303,000 after buying an additional 442 shares during the period. FMR LLC increased its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 35.8% in the third 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. Park Avenue Securities LLC increased its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 85.5% in the fourth quarter. Park Avenue Securities LLC now owns 4,919 shares of the company’s stock worth $365,000 after buying an additional 2,267 shares during the period. Finally, Jane Street Group LLC purchased a new position in shares of iShares Morningstar Mid-Cap Value ETF in the third quarter worth about $467,000.

iShares Morningstar Mid-Cap Value ETF Trading Down 1.0 %

IMCV opened at $76.09 on Monday. The company has a market cap of $673.40 million, a P/E ratio of 15.65 and a beta of 1.08. The business’s 50-day moving average price is $75.60 and its 200-day moving average price is $76.26. iShares Morningstar Mid-Cap Value ETF has a 12 month low of $67.85 and a 12 month high of $81.32.

iShares Morningstar Mid-Cap Value ETF Cuts Dividend

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

iShares Morningstar Mid-Cap Value ETF 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.