iShares Morningstar Value ETF (NYSEARCA:ILCV) Reaches New 1-Year High – What’s Next?

Shares of iShares Morningstar Value ETF (NYSEARCA:ILCVGet Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as $108.72 and last traded at $108.72, with a volume of 890 shares traded. The stock had previously closed at $107.60.

iShares Morningstar Value ETF Stock Up 0.9%

The firm has a market cap of $1.36 billion, a PE ratio of 19.33 and a beta of 0.80. The company’s fifty day moving average price is $103.86 and its two-hundred day moving average price is $99.63.

Institutional Investors Weigh In On iShares Morningstar Value ETF

A number of institutional investors have recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. boosted its holdings in iShares Morningstar Value ETF by 212.2% in the 1st quarter. PNC Financial Services Group Inc. now owns 306 shares of the company’s stock valued at $29,000 after purchasing an additional 208 shares in the last quarter. IFP Advisors Inc raised its stake in shares of iShares Morningstar Value ETF by 75.1% during the 4th quarter. IFP Advisors Inc now owns 373 shares of the company’s stock worth $35,000 after buying an additional 160 shares in the last quarter. Silicon Valley Capital Partners acquired a new stake in shares of iShares Morningstar Value ETF in the 3rd quarter valued at approximately $51,000. Advisory Services Network LLC acquired a new stake in shares of iShares Morningstar Value ETF in the 3rd quarter valued at approximately $97,000. Finally, Arax Advisory Partners acquired a new stake in shares of iShares Morningstar Value ETF in the 4th quarter valued at approximately $126,000.

iShares Morningstar Value ETF Company Profile

(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.

Featured Articles

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.