Woodard & Co. Asset Management Group Inc. ADV Reduces Stake in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV)

Woodard & Co. Asset Management Group Inc. ADV cut its holdings in shares of iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) by 39.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 48,569 shares of the company’s stock after selling 32,059 shares during the quarter. iShares Morningstar Mid-Cap Value ETF accounts for about 0.8% of Woodard & Co. Asset Management Group Inc. ADV’s portfolio, making the stock its 23rd largest holding. Woodard & Co. Asset Management Group Inc. ADV owned about 0.58% of iShares Morningstar Mid-Cap Value ETF worth $3,722,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of IMCV. Transcend Capital Advisors LLC boosted its stake in shares of iShares Morningstar Mid-Cap Value ETF by 5.2% in the second quarter. Transcend Capital Advisors LLC now owns 2,954 shares of the company’s stock worth $207,000 after buying an additional 147 shares during the last quarter. LaFleur & Godfrey LLC boosted its position in iShares Morningstar Mid-Cap Value ETF by 4.7% in the 3rd quarter. LaFleur & Godfrey LLC now owns 7,807 shares of the company’s stock worth $598,000 after purchasing an additional 352 shares in the last quarter. Private Advisor Group LLC boosted its position in iShares Morningstar Mid-Cap Value ETF by 12.6% in the 3rd quarter. Private Advisor Group LLC now owns 3,956 shares of the company’s stock worth $303,000 after purchasing an additional 442 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of iShares Morningstar Mid-Cap Value ETF by 1.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 30,897 shares of the company’s stock worth $2,170,000 after purchasing an additional 465 shares during the period. Finally, Jackson Creek Investment Advisors LLC increased its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 7.5% during the 2nd quarter. Jackson Creek Investment Advisors LLC now owns 8,418 shares of the company’s stock valued at $591,000 after purchasing an additional 585 shares in the last quarter.

iShares Morningstar Mid-Cap Value ETF Price Performance

IMCV opened at $76.78 on Friday. The stock has a market cap of $644.95 million, a P/E ratio of 15.65 and a beta of 1.08. The firm has a fifty day moving average price of $75.79 and a 200 day moving average price of $72.76. iShares Morningstar Mid-Cap Value ETF has a 1 year low of $57.34 and a 1 year high of $78.04.

iShares Morningstar Mid-Cap Value ETF Announces Dividend

The company also recently announced a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were paid a dividend of $0.5452 per share. The ex-dividend date was Wednesday, September 25th.

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.