iShares Morningstar Value ETF (NYSEARCA:ILCV) Hits New 52-Week High – Here’s Why

Shares of iShares Morningstar Value ETF (NYSEARCA:ILCVGet Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as $102.87 and last traded at $102.87, with a volume of 726 shares changing hands. The stock had previously closed at $101.24.

iShares Morningstar Value ETF Price Performance

The business’s fifty day simple moving average is $100.46 and its two-hundred day simple moving average is $97.30. The company has a market cap of $1.29 billion, a PE ratio of 19.33 and a beta of 0.81.

Hedge Funds Weigh In On iShares Morningstar Value ETF

Several institutional investors and hedge funds have recently modified their holdings of ILCV. Asempa Wealth Advisors purchased a new position in iShares Morningstar Value ETF during the fourth quarter worth approximately $1,686,000. Global View Capital Management LLC purchased a new stake in shares of iShares Morningstar Value ETF in the fourth quarter valued at approximately $2,678,000. Key Capital Management INC purchased a new stake in shares of iShares Morningstar Value ETF in the fourth quarter valued at approximately $673,000. Strategic Blueprint LLC raised its stake in shares of iShares Morningstar Value ETF by 23.8% during the 4th quarter. Strategic Blueprint LLC now owns 33,650 shares of the company’s stock worth $3,175,000 after buying an additional 6,474 shares during the period. Finally, Corient Private Wealth LLC raised its stake in shares of iShares Morningstar Value ETF by 5.3% during the 4th quarter. Corient Private Wealth LLC now owns 116,906 shares of the company’s stock worth $11,031,000 after buying an additional 5,921 shares during the period.

About iShares Morningstar Value ETF

(Get Free Report)

The iShares Morningstar Value ETF (ILCV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of value stocks, selected from the top 90% of the US market-cap spectrum. ILCV was launched on Jun 28, 2004 and is managed by BlackRock.

Read More

Receive News & Ratings for iShares Morningstar Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Morningstar Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.