iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) Short Interest Update

iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) saw a large growth in short interest in December. As of December 15th, there was short interest totaling 31,720 shares, a growth of 320.3% from the November 30th total of 7,547 shares. Based on an average trading volume of 22,203 shares, the days-to-cover ratio is currently 1.4 days. Approximately 0.3% of the company’s stock are short sold. Approximately 0.3% of the company’s stock are short sold. Based on an average trading volume of 22,203 shares, the days-to-cover ratio is currently 1.4 days.

Hedge Funds Weigh In On iShares Morningstar Mid-Cap Value ETF

Several hedge funds have recently modified their holdings of IMCV. DAVENPORT & Co LLC lifted its stake in iShares Morningstar Mid-Cap Value ETF by 78.6% in the second quarter. DAVENPORT & Co LLC now owns 52,522 shares of the company’s stock valued at $3,991,000 after acquiring an additional 23,111 shares during the last quarter. Dynamic Advisor Solutions LLC acquired a new position in shares of iShares Morningstar Mid-Cap Value ETF during the 2nd quarter worth about $1,956,000. Marietta Wealth Management LLC increased its stake in shares of iShares Morningstar Mid-Cap Value ETF by 6.1% during the 2nd quarter. Marietta Wealth Management LLC now owns 81,441 shares of the company’s stock worth $6,188,000 after purchasing an additional 4,694 shares during the last quarter. Rodgers & Associates LTD raised its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 7.1% in the 2nd quarter. Rodgers & Associates LTD now owns 100,912 shares of the company’s stock valued at $7,667,000 after purchasing an additional 6,732 shares during the period. Finally, Madison Wealth Partners Inc lifted its stake in iShares Morningstar Mid-Cap Value ETF by 9.1% in the 2nd quarter. Madison Wealth Partners Inc now owns 8,616 shares of the company’s stock valued at $655,000 after purchasing an additional 722 shares during the last quarter.

iShares Morningstar Mid-Cap Value ETF Stock Up 0.0%

Shares of IMCV stock traded up $0.01 during trading on Friday, reaching $83.20. The company’s stock had a trading volume of 13,160 shares, compared to its average volume of 30,650. iShares Morningstar Mid-Cap Value ETF has a one year low of $64.02 and a one year high of $84.14. The business has a fifty day moving average price of $80.91 and a 200-day moving average price of $79.11. The company has a market cap of $902.72 million, a price-to-earnings ratio of 16.35 and a beta of 0.96.

iShares Morningstar Mid-Cap Value ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were given a dividend of $0.5403 per share. This is a boost from iShares Morningstar Mid-Cap Value ETF’s previous quarterly dividend of $0.42. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a $2.16 annualized dividend and a yield of 2.6%.

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.