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

iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) was the recipient of a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 111,400 shares, an increase of 32.9% from the January 15th total of 83,800 shares. Based on an average daily trading volume, of 32,300 shares, the days-to-cover ratio is presently 3.4 days.

iShares Morningstar Mid-Cap Value ETF Trading Up 0.1 %

NASDAQ:IMCV traded up $0.04 during trading hours on Friday, hitting $76.06. 7,848 shares of the stock traded hands, compared to its average volume of 36,878. The firm has a 50 day moving average price of $75.72 and a 200 day moving average price of $76.07. iShares Morningstar Mid-Cap Value ETF has a fifty-two week low of $67.20 and a fifty-two week high of $81.32. The firm has a market cap of $673.13 million, a price-to-earnings ratio of 15.65 and a beta of 1.08.

iShares Morningstar Mid-Cap Value ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid a dividend of $0.5157 per share. The ex-dividend date was Tuesday, December 17th.

Institutional Trading of iShares Morningstar Mid-Cap Value ETF

Several large investors have recently added to or reduced their stakes in IMCV. Raymond James & Associates raised its stake in iShares Morningstar Mid-Cap Value ETF by 4.7% during the 3rd quarter. Raymond James & Associates now owns 42,424 shares of the company’s stock valued at $3,251,000 after purchasing an additional 1,902 shares during the period. Oakworth Capital Inc. acquired a new stake in iShares Morningstar Mid-Cap Value ETF during the 3rd quarter valued at $263,000. Private Advisor Group LLC raised its stake in iShares Morningstar Mid-Cap Value ETF by 12.6% during the 3rd quarter. Private Advisor Group LLC now owns 3,956 shares of the company’s stock valued at $303,000 after purchasing an additional 442 shares during the period. Marietta Wealth Management LLC increased its stake in shares of iShares Morningstar Mid-Cap Value ETF by 2.0% in the third quarter. Marietta Wealth Management LLC now owns 72,188 shares of the company’s stock worth $5,532,000 after acquiring an additional 1,400 shares during the last quarter. Finally, International Assets Investment Management LLC acquired a new position in shares of iShares Morningstar Mid-Cap Value ETF in the third quarter worth $1,782,000.

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.