Diversify Wealth Management LLC Takes $1.99 Million Position in iShares Morningstar Mid-Cap Value ETF $IMCV

Diversify Wealth Management LLC bought a new stake in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 22,513 shares of the company’s stock, valued at approximately $1,985,000. Diversify Wealth Management LLC owned about 0.19% of iShares Morningstar Mid-Cap Value ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Royal Bank of Canada raised its stake in iShares Morningstar Mid-Cap Value ETF by 3.2% in the first quarter. Royal Bank of Canada now owns 37,503 shares of the company’s stock valued at $2,783,000 after buying an additional 1,168 shares during the period. Jane Street Group LLC boosted its stake in shares of iShares Morningstar Mid-Cap Value ETF by 19.3% during the 1st quarter. Jane Street Group LLC now owns 4,265 shares of the company’s stock worth $316,000 after acquiring an additional 691 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 95.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 18,151 shares of the company’s stock worth $1,379,000 after acquiring an additional 8,884 shares during the last quarter. Baird Financial Group Inc. increased its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 21.1% during the 2nd quarter. Baird Financial Group Inc. now owns 17,237 shares of the company’s stock worth $1,310,000 after acquiring an additional 3,008 shares during the last quarter. Finally, Diversify Advisory Services LLC increased its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 10.0% during the 2nd quarter. Diversify Advisory Services LLC now owns 16,776 shares of the company’s stock worth $1,308,000 after acquiring an additional 1,532 shares during the last quarter.

iShares Morningstar Mid-Cap Value ETF Trading Down 0.4%

IMCV opened at $93.68 on Wednesday. The stock’s fifty day simple moving average is $90.54 and its 200 day simple moving average is $87.73. iShares Morningstar Mid-Cap Value ETF has a 1-year low of $75.63 and a 1-year high of $94.53. The stock has a market cap of $1.11 billion, a PE ratio of 16.35 and a beta of 0.86.

iShares Morningstar Mid-Cap Value ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were given a $0.418 dividend. The ex-dividend date of this dividend was Monday, June 15th. This is a boost from iShares Morningstar Mid-Cap Value ETF’s previous quarterly dividend of $0.35. This represents a $1.67 annualized dividend and a dividend yield of 1.8%.

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.