iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) Short Interest Up 9.4% in March

iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCVGet Free Report) was the recipient of a significant increase in short interest in March. As of March 31st, there was short interest totalling 45,600 shares, an increase of 9.4% from the March 15th total of 41,700 shares. Based on an average trading volume of 30,400 shares, the short-interest ratio is currently 1.5 days.

iShares Morningstar Mid-Cap Value ETF Trading Down 0.7 %

NASDAQ:IMCV opened at $68.88 on Tuesday. The stock has a market cap of $592.37 million, a price-to-earnings ratio of 14.20 and a beta of 1.08. The stock has a 50-day moving average price of $69.63 and a two-hundred day moving average price of $65.71. iShares Morningstar Mid-Cap Value ETF has a 1 year low of $57.34 and a 1 year high of $72.64.

iShares Morningstar Mid-Cap Value ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Friday, March 22nd were given a $0.3268 dividend. The ex-dividend date was Thursday, March 21st. This represents a $1.31 annualized dividend and a dividend yield of 1.90%.

Institutional Trading of iShares Morningstar Mid-Cap Value ETF

Large investors have recently bought and sold shares of the business. Principal Securities Inc. acquired a new position in shares of iShares Morningstar Mid-Cap Value ETF in the fourth quarter valued at approximately $42,000. Steward Partners Investment Advisory LLC boosted its stake in iShares Morningstar Mid-Cap Value ETF by 5,269.2% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 698 shares of the company’s stock worth $47,000 after purchasing an additional 685 shares during the period. Harbour Investments Inc. bought a new position in iShares Morningstar Mid-Cap Value ETF during the 4th quarter worth about $70,000. Avior Wealth Management LLC acquired a new stake in shares of iShares Morningstar Mid-Cap Value ETF in the 3rd quarter valued at about $97,000. Finally, FMR LLC lifted its holdings 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 valued at $124,000 after purchasing an additional 1,181 shares in the last quarter.

About iShares Morningstar Mid-Cap Value ETF

(Get Free Report)

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.

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