Marietta Wealth Management LLC Purchases 1,737 Shares of iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV)

Marietta Wealth Management LLC raised its holdings in shares of iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) by 2.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 60,947 shares of the company’s stock after purchasing an additional 1,737 shares during the quarter. Marietta Wealth Management LLC owned approximately 0.70% of iShares Morningstar Mid-Cap Value ETF worth $4,127,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently modified their holdings of the company. Harbour Investments Inc. bought a new position in iShares Morningstar Mid-Cap Value ETF in the 4th quarter worth about $70,000. Avior Wealth Management LLC bought a new position in shares of iShares Morningstar Mid-Cap Value ETF in the third quarter worth $97,000. FMR LLC raised its position in shares of iShares Morningstar Mid-Cap Value ETF by 137.0% in the third quarter. FMR LLC now owns 2,043 shares of the company’s stock worth $124,000 after buying an additional 1,181 shares in the last quarter. LaFleur & Godfrey LLC bought a new stake in iShares Morningstar Mid-Cap Value ETF during the fourth quarter valued at $218,000. Finally, Laidlaw Wealth Management LLC purchased a new position in iShares Morningstar Mid-Cap Value ETF during the fourth quarter worth about $205,000.

iShares Morningstar Mid-Cap Value ETF Price Performance

Shares of NASDAQ:IMCV traded down $0.34 on Tuesday, hitting $68.54. The company’s stock had a trading volume of 7,072 shares, compared to its average volume of 30,179. iShares Morningstar Mid-Cap Value ETF has a 1 year low of $57.34 and a 1 year high of $72.64. The company has a market capitalization of $589.44 million, a PE ratio of 14.20 and a beta of 1.08. The company has a 50-day simple moving average of $69.63 and a 200 day simple moving average of $65.71.

iShares Morningstar Mid-Cap Value ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Friday, March 22nd were given a dividend of $0.3268 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $1.31 annualized dividend and a yield of 1.91%.

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.