Retirement Planning Group LLC Has $1.42 Million Stock Position in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV)

Retirement Planning Group LLC grew its stake in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) by 2.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 19,106 shares of the company’s stock after purchasing an additional 366 shares during the quarter. Retirement Planning Group LLC owned about 0.22% of iShares Morningstar Mid-Cap Value ETF worth $1,419,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the stock. Harbour Investments Inc. raised its stake in iShares Morningstar Mid-Cap Value ETF by 11.2% during the 4th quarter. Harbour Investments Inc. now owns 2,567 shares of the company’s stock worth $191,000 after buying an additional 259 shares during the period. Aire Advisors LLC grew its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 2.2% in the 4th quarter. Aire Advisors LLC now owns 37,116 shares of the company’s stock valued at $2,756,000 after acquiring an additional 799 shares in the last quarter. Ipsen Advisor Group LLC bought a new position in shares of iShares Morningstar Mid-Cap Value ETF in the 4th quarter valued at about $5,837,000. Raymond James Financial Inc. bought a new position in shares of iShares Morningstar Mid-Cap Value ETF in the 4th quarter valued at about $22,184,000. Finally, JPMorgan Chase & Co. grew its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 61.3% in the 4th quarter. JPMorgan Chase & Co. now owns 6,003 shares of the company’s stock valued at $446,000 after acquiring an additional 2,282 shares in the last quarter.

iShares Morningstar Mid-Cap Value ETF Price Performance

Shares of NASDAQ IMCV opened at $73.36 on Friday. The stock has a market capitalization of $671.24 million, a price-to-earnings ratio of 16.57 and a beta of 0.97. The business has a 50-day moving average of $71.79 and a 200-day moving average of $74.86. iShares Morningstar Mid-Cap Value ETF has a fifty-two week low of $64.02 and a fifty-two week high of $81.32.

iShares Morningstar Mid-Cap Value ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 21st. Stockholders of record on Tuesday, March 18th were issued a $0.4353 dividend. The ex-dividend date of this dividend was Tuesday, March 18th.

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.