iShares Morningstar Mid-Cap Value ETF
IMCV
NASDAQ Global Market- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 50 Hudson Yards New York NY United States of America 10001
- IPO Date
- Jul 13, 2004
- Website
- ishares.com
- Similar Companies
- Business
- iShares Morningstar Mid-Cap Value ETF (IMCV) is an exchange-traded fund that seeks to track the performance of the Morningstar US Mid Cap Value Index, providing investors with exposure to a diversified portfolio of mid-cap value stocks. The ETF offers investment in approximately 330 holdings selected based on value characteristics such as low price-to-earnings, price-to-book, and price-to-sales ratios; it employs a full replication strategy to mirror the index, with sector allocations emphasizing financials, industrials, consumer discretionary, and healthcare. Managed by BlackRock under its iShares brand, IMCV provides low-cost access to mid-cap value equities for institutional and retail investors targeting long-term capital appreciation through value-oriented strategies. Established in 2004 and domiciled in the United States with primary operations through BlackRock's global platform headquartered in New York, the ETF serves U.S. and international markets via major exchanges like NYSE Arca. It focuses on companies with market capitalizations typically between $2 billion and $10 billion, excluding the smallest 5% by market cap within the mid-cap universe; key services include daily liquidity, tax-efficient structure as a passively managed fund, and integration with broader iShares ecosystem for portfolio construction. Geographic operations are centered on U.S.-listed securities, with no direct international equity exposure beyond incidental holdings. In recent developments, BlackRock relaunched IMCV in 2021 following the acquisition and integration of Morningstar's index business, enhancing its methodology with refined value screens and improved factor purity; the fund underwent a ticker change from the predecessor symbol to IMCV to align with Morningstar branding. As of late 2025, IMCV has seen increased assets under management amid renewed interest in value rotation strategies post-2024 market shifts, with no major acquisitions or partnerships announced but ongoing enhancements to ESG screening options within BlackRock's ETF suite. The ETF maintains a competitive expense ratio of 0.18%, positioning it favorably against peers in the mid-cap value segment.