Bedel Financial Consulting Inc. Buys 5,007 Shares of iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV)

Bedel Financial Consulting Inc. grew its holdings in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) by 7.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 72,096 shares of the company’s stock after purchasing an additional 5,007 shares during the quarter. iShares Morningstar Mid-Cap Value ETF makes up approximately 0.8% of Bedel Financial Consulting Inc.’s holdings, making the stock its 16th biggest holding. Bedel Financial Consulting Inc.’s holdings in iShares Morningstar Mid-Cap Value ETF were worth $5,521,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in IMCV. Parkside Financial Bank & Trust increased its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 53.5% in the fourth quarter. Parkside Financial Bank & Trust now owns 783 shares of the company’s stock valued at $58,000 after purchasing an additional 273 shares during the last quarter. Jones Financial Companies Lllp boosted its position in iShares Morningstar Mid-Cap Value ETF by 209.7% during the fourth 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 last quarter. JPMorgan Chase & Co. increased its position in iShares Morningstar Mid-Cap Value ETF by 22.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,721 shares of the company’s stock valued at $285,000 after buying an additional 670 shares in the last quarter. Private Advisor Group LLC lifted its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 12.6% in the third quarter. Private Advisor Group LLC now owns 3,956 shares of the company’s stock valued at $303,000 after purchasing an additional 442 shares in the last quarter. Finally, FMR LLC grew its stake in iShares Morningstar Mid-Cap Value ETF by 35.8% in the 3rd quarter. FMR LLC now owns 3,993 shares of the company’s stock valued at $306,000 after purchasing an additional 1,052 shares during the period.

iShares Morningstar Mid-Cap Value ETF Trading Down 1.0 %

Shares of NASDAQ:IMCV opened at $75.65 on Tuesday. The company has a 50 day moving average of $75.76 and a 200 day moving average of $76.42. iShares Morningstar Mid-Cap Value ETF has a 12 month low of $68.12 and a 12 month high of $81.32. The stock has a market cap of $669.50 million, a P/E ratio of 15.65 and a beta of 1.08.

iShares Morningstar Mid-Cap Value ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Investors 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 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.