iShares Morningstar Value ETF (NYSEARCA:ILCV) Hits New 12-Month High – What’s Next?

iShares Morningstar Value ETF (NYSEARCA:ILCV) hit a new 52-week high during trading on Monday . The company traded as high as $106.49 and last traded at $106.49, with a volume of 1880 shares changing hands. The stock had previously closed at $105.27.

iShares Morningstar Value ETF Stock Performance

The company has a market cap of $1.33 billion, a price-to-earnings ratio of 19.33 and a beta of 0.81. The company’s fifty day moving average is $102.41 and its two-hundred day moving average is $98.66.

Institutional Trading of iShares Morningstar Value ETF

Several large investors have recently made changes to their positions in the business. PNC Financial Services Group Inc. increased its stake in shares of iShares Morningstar Value ETF by 212.2% in the first quarter. PNC Financial Services Group Inc. now owns 306 shares of the company’s stock worth $29,000 after acquiring an additional 208 shares during the period. IFP Advisors Inc lifted its position in iShares Morningstar Value ETF by 75.1% during the fourth quarter. IFP Advisors Inc now owns 373 shares of the company’s stock valued at $35,000 after purchasing an additional 160 shares during the period. Silicon Valley Capital Partners acquired a new position in iShares Morningstar Value ETF during the third quarter valued at $51,000. Capital Investment Advisory Services LLC purchased a new stake in iShares Morningstar Value ETF in the fourth quarter valued at $66,000. Finally, Advisory Services Network LLC purchased a new stake in iShares Morningstar Value ETF in the third quarter valued at $97,000.

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.