SUN., DECEMBER 18, 2022MARKETBEAT
iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV – Get Rating) saw a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 63,900 shares, a decrease of 13.1% from the November 15th total of 73,500 shares. Based on an average trading volume of 34,800 shares, the short-interest ratio is presently 1.8 days.
iShares Morningstar Mid-Cap Value ETF Stock Performance
IMCV stock opened at $61.78 on Friday. iShares Morningstar Mid-Cap Value ETF has a 52-week low of $55.69 and a 52-week high of $71.16. The company has a 50-day moving average of $61.99 and a two-hundred day moving average of $61.87.
iShares Morningstar Mid-Cap Value ETF Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, December 19th. Shareholders of record on Wednesday, December 14th will be issued a dividend of $0.444 per share. This represents a $1.78 dividend on an annualized basis and a yield of 2.87%. This is a boost from iShares Morningstar Mid-Cap Value ETF’s previous quarterly dividend of $0.42. The ex-dividend date is Tuesday, December 13th.
Institutional Investors Weigh In On iShares Morningstar Mid-Cap Value ETF
Hedge funds have recently bought and sold shares of the company. Kestra Private Wealth Services LLC lifted its stake in shares of iShares Morningstar Mid-Cap Value ETF by 1.0% in the first quarter. Kestra Private Wealth Services LLC now owns 18,606 shares of the company’s stock valued at $1,282,000 after buying an additional 180 shares during the period. Cetera Advisor Networks LLC lifted its stake in shares of iShares Morningstar Mid-Cap Value ETF by 242.9% in the second quarter. Cetera Advisor Networks LLC now owns 11,633 shares of the company’s stock valued at $691,000 after buying an additional 8,240 shares during the period. Sage Financial Group Inc. bought a new stake in shares of iShares Morningstar Mid-Cap Value ETF in the second quarter valued at about $383,000. Aspire Capital Advisors LLC bought a new stake in shares of iShares Morningstar Mid-Cap Value ETF in the second quarter valued at about $3,040,000. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares Morningstar Mid-Cap Value ETF by 93.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 14,140 shares of the company’s stock valued at $839,000 after buying an additional 6,828 shares during the period.