iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) Sees Strong Trading Volume – Time to Buy?

Shares of iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) saw strong trading volume on Friday . 30,570 shares were traded during mid-day trading, an increase of 47% from the previous session’s volume of 20,745 shares.The stock last traded at $77.04 and had previously closed at $76.46.

iShares Morningstar Mid-Cap Value ETF Trading Up 0.5 %

The business has a 50-day moving average price of $77.01 and a 200 day moving average price of $75.38. The stock has a market cap of $676.24 million, a PE ratio of 15.65 and a beta of 1.08.

iShares Morningstar Mid-Cap Value ETF Cuts Dividend

The firm also recently announced 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 of this dividend was Tuesday, December 17th.

Hedge Funds Weigh In On iShares Morningstar Mid-Cap Value ETF

Several large investors have recently modified their holdings of the business. Black Diamond Financial LLC boosted its holdings in iShares Morningstar Mid-Cap Value ETF by 12.0% in the 3rd quarter. Black Diamond Financial LLC now owns 104,242 shares of the company’s stock worth $8,029,000 after buying an additional 11,151 shares during the period. swisspartners Advisors Ltd bought a new position in shares of iShares Morningstar Mid-Cap Value ETF in the third quarter worth $7,922,000. Marietta Wealth Management LLC grew its position 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 valued at $5,532,000 after purchasing an additional 1,400 shares in the last quarter. EP Wealth Advisors LLC bought a new stake in shares of iShares Morningstar Mid-Cap Value ETF during the 3rd quarter valued at $3,316,000. Finally, Raymond James & Associates raised its stake in shares of 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.

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.