Raymond James Financial Services Advisors Inc. Trims Holdings in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV)

Raymond James Financial Services Advisors Inc. decreased its holdings in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCVGet Rating) by 7.3% in the 3rd quarter, Holdings Channel reports. The firm owned 53,312 shares of the company’s stock after selling 4,185 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in iShares Morningstar Mid-Cap Value ETF were worth $2,982,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. HighTower Advisors LLC raised its position in iShares Morningstar Mid-Cap Value ETF by 4.5% in the 1st quarter. HighTower Advisors LLC now owns 4,052 shares of the company’s stock valued at $279,000 after purchasing an additional 176 shares during the last quarter. Kestra Private Wealth Services LLC increased its stake in iShares Morningstar Mid-Cap Value ETF by 1.0% in the 1st quarter. Kestra Private Wealth Services LLC now owns 18,606 shares of the company’s stock valued at $1,282,000 after buying an additional 180 shares during the period. Burt Wealth Advisors increased its stake in iShares Morningstar Mid-Cap Value ETF by 2.2% in the 3rd quarter. Burt Wealth Advisors now owns 11,499 shares of the company’s stock valued at $643,000 after buying an additional 253 shares during the period. UBS Group AG increased its stake in iShares Morningstar Mid-Cap Value ETF by 0.3% in the 1st quarter. UBS Group AG now owns 85,659 shares of the company’s stock valued at $5,901,000 after buying an additional 289 shares during the period. Finally, Jackson Creek Investment Advisors LLC increased its stake in iShares Morningstar Mid-Cap Value ETF by 5.1% in the 2nd quarter. Jackson Creek Investment Advisors LLC now owns 7,259 shares of the company’s stock valued at $464,000 after buying an additional 353 shares during the period.

iShares Morningstar Mid-Cap Value ETF Price Performance

Shares of IMCV opened at $65.67 on Friday. The company’s fifty day moving average is $63.47 and its two-hundred day moving average is $62.00. iShares Morningstar Mid-Cap Value ETF has a 1 year low of $55.69 and a 1 year high of $71.16.

iShares Morningstar Mid-Cap Value ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 19th. Shareholders of record on Wednesday, December 14th were paid a $0.444 dividend. This is a boost from iShares Morningstar Mid-Cap Value ETF’s previous quarterly dividend of $0.42. This represents a $1.78 annualized dividend and a yield of 2.70%. The ex-dividend date of this dividend was Tuesday, December 13th.

Further Reading

Want to see what other hedge funds are holding IMCV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCVGet Rating).

Institutional Ownership by Quarter for iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV)

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