iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV – Get Rating)’s share price fell 1.3% during trading on Wednesday . The company traded as low as $59.38 and last traded at $59.41. 14,934 shares changed hands during trading, a decline of 42% from the average session volume of 25,623 shares. The stock had previously closed at $60.21.
iShares Morningstar Mid-Cap Value ETF Stock Up 0.8 %
The firm has a market cap of $494.93 million, a PE ratio of 11.54 and a beta of 1.08. The company’s fifty day moving average price is $60.83 and its two-hundred day moving average price is $61.97.
Institutional Trading of iShares Morningstar Mid-Cap Value ETF
Several hedge funds have recently modified their holdings of the business. Capital Analysts LLC purchased a new position in iShares Morningstar Mid-Cap Value ETF in the first quarter worth $41,000. Assetmark Inc. purchased a new position in shares of iShares Morningstar Mid-Cap Value ETF in the 1st quarter valued at about $50,000. Harbour Investments Inc. acquired a new stake in shares of iShares Morningstar Mid-Cap Value ETF in the fourth quarter valued at about $70,000. Clear Investment Research LLC grew its position in iShares Morningstar Mid-Cap Value ETF by 1,535.5% during the first quarter. Clear Investment Research LLC now owns 2,257 shares of the company’s stock worth $140,000 after buying an additional 2,119 shares during the period. Finally, Aptus Capital Advisors LLC increased its holdings in iShares Morningstar Mid-Cap Value ETF by 51.2% in the first quarter. Aptus Capital Advisors LLC now owns 3,144 shares of the company’s stock valued at $195,000 after buying an additional 1,065 shares in the last quarter.
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.
Further Reading
- Get a free copy of the StockNews.com research report on iShares Morningstar Mid-Cap Value ETF (IMCV)
- Big Lots Becomes A Stomach Churning Value Play
- The Melt-Up In Marvell Is On; But Don’t Chase It Higher
- Is Apple a Growth Stock or a Value Stock?
- Costco’s Earnings Call Reassure Economists, Recession Cancelled
- Hot Inflation, What It Means For The Summer Rally
Receive News & Ratings for iShares Morningstar Mid-Cap Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Morningstar Mid-Cap Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.
