iShares Morningstar Value ETF (NYSEARCA:ILCV – Get Free Report) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $104.75 and last traded at $104.75, with a volume of 3046 shares trading hands. The stock had previously closed at $104.03.
iShares Morningstar Value ETF Price Performance
The stock has a market cap of $1.31 billion, a price-to-earnings ratio of 19.33 and a beta of 0.81. The company’s 50 day moving average is $101.51 and its 200 day moving average is $97.92.
Institutional Investors Weigh In On iShares Morningstar Value ETF
Hedge funds and other institutional investors have recently modified their holdings of the stock. AlphaCore Capital LLC purchased a new stake in iShares Morningstar Value ETF during the fourth quarter worth $22,644,000. Northwestern Mutual Wealth Management Co. increased its position in shares of iShares Morningstar Value ETF by 117.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 251,329 shares of the company’s stock valued at $23,715,000 after buying an additional 135,785 shares in the last quarter. Northwest Wealth Advisors LLC acquired a new position in shares of iShares Morningstar Value ETF during the 4th quarter worth $12,320,000. Systelligence LLC acquired a new position in shares of iShares Morningstar Value ETF during the 1st quarter worth $11,380,000. Finally, Ameriprise Financial Inc. boosted its position in shares of iShares Morningstar Value ETF by 359.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 121,231 shares of the company’s stock worth $10,913,000 after buying an additional 94,862 shares in the last quarter.
iShares Morningstar Value ETF Company Profile
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.
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