Geneos Wealth Management Inc. Boosts Stock Holdings in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV)

Geneos Wealth Management Inc. grew its position in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) by 2,759.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,631 shares of the company’s stock after acquiring an additional 2,539 shares during the quarter. Geneos Wealth Management Inc.’s holdings in iShares Morningstar Mid-Cap Value ETF were worth $191,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in IMCV. Principal Securities Inc. acquired a new stake in iShares Morningstar Mid-Cap Value ETF in the 4th quarter valued at about $42,000. LaFleur & Godfrey LLC purchased a new stake in shares of iShares Morningstar Mid-Cap Value ETF in the fourth quarter valued at approximately $218,000. Harbour Investments Inc. increased its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 109.5% in the third quarter. Harbour Investments Inc. now owns 3,658 shares of the company’s stock valued at $222,000 after purchasing an additional 1,912 shares during the last quarter. TIAA Trust National Association purchased a new position in iShares Morningstar Mid-Cap Value ETF during the fourth quarter worth approximately $244,000. Finally, Altfest L J & Co. Inc. acquired a new position in iShares Morningstar Mid-Cap Value ETF during the fourth quarter worth $295,000.

iShares Morningstar Mid-Cap Value ETF Stock Up 1.9 %

Shares of NASDAQ:IMCV opened at $71.74 on Friday. iShares Morningstar Mid-Cap Value ETF has a 52-week low of $57.34 and a 52-week high of $72.79. The stock has a market cap of $606.20 million, a P/E ratio of 15.65 and a beta of 1.08. The business has a fifty day moving average of $70.91 and a two-hundred day moving average of $69.48.

iShares Morningstar Mid-Cap Value ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Investors of record on Tuesday, June 11th were issued a $0.3668 dividend. This represents a $1.47 dividend on an annualized basis and a dividend yield of 2.05%. The ex-dividend date was Tuesday, June 11th.

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.