HM Payson & Co. Invests $51,000 in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV)

HM Payson & Co. bought a new stake in shares of iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 685 shares of the company’s stock, valued at approximately $51,000.

Several other institutional investors also recently bought and sold shares of IMCV. Parkside Financial Bank & Trust boosted its holdings in iShares Morningstar Mid-Cap Value ETF by 53.5% during the 4th quarter. Parkside Financial Bank & Trust now owns 783 shares of the company’s stock valued at $58,000 after acquiring an additional 273 shares during the period. Jones Financial Companies Lllp boosted its holdings in iShares Morningstar Mid-Cap Value ETF by 209.7% during the 4th quarter. Jones Financial Companies Lllp now owns 2,701 shares of the company’s stock valued at $201,000 after acquiring an additional 1,829 shares during the period. Assetmark Inc. purchased a new stake in iShares Morningstar Mid-Cap Value ETF during the 4th quarter valued at about $243,000. JPMorgan Chase & Co. boosted its holdings in iShares Morningstar Mid-Cap Value ETF by 22.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,721 shares of the company’s stock valued at $285,000 after acquiring an additional 670 shares during the period. Finally, FMR LLC boosted its holdings in iShares Morningstar Mid-Cap Value ETF by 35.8% during the 3rd quarter. FMR LLC now owns 3,993 shares of the company’s stock valued at $306,000 after acquiring an additional 1,052 shares during the period.

iShares Morningstar Mid-Cap Value ETF Price Performance

Shares of IMCV stock opened at $73.84 on Tuesday. The stock has a market capitalization of $653.48 million, a PE ratio of 16.67 and a beta of 1.08. iShares Morningstar Mid-Cap Value ETF has a 1-year low of $68.12 and a 1-year high of $81.32. The business has a 50-day moving average of $75.71 and a 200 day moving average of $76.43.

iShares Morningstar Mid-Cap Value ETF Cuts Dividend

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

iShares Morningstar Mid-Cap Value ETF 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.