iShares Morningstar Value ETF (NYSEARCA:ILCV) Hits New 52-Week High – Time to Buy?

iShares Morningstar Value ETF (NYSEARCA:ILCV)’s share price reached a new 52-week high on Wednesday. The company traded as high as $111.17 and last traded at $111.3540, with a volume of 1,189 shares trading hands. The stock had previously closed at $108.92.

iShares Morningstar Value ETF Stock Performance

The company’s 50 day moving average price is $107.98 and its 200-day moving average price is $101.86. The company has a market cap of $1.36 billion, a PE ratio of 19.33 and a beta of 0.80.

Institutional Trading of iShares Morningstar Value ETF

A number of large investors have recently bought and sold shares of the company. International Assets Investment Management LLC bought a new position in shares of iShares Morningstar Value ETF in the third quarter worth $1,780,000. Chicago Partners Investment Group LLC bought a new stake in shares of iShares Morningstar Value ETF during the 3rd quarter valued at $337,000. Ascent Group LLC bought a new stake in shares of iShares Morningstar Value ETF during the 3rd quarter valued at $287,000. RCW Management LLC purchased a new stake in iShares Morningstar Value ETF during the 3rd quarter worth about $432,000. Finally, Security Financial Services INC. purchased a new stake in iShares Morningstar Value ETF during the 3rd quarter worth about $587,000.

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.