iShares Morningstar Value ETF (NYSEARCA:ILCV – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Friday . The company traded as high as $67.45 and last traded at $67.37, with a volume of 3053 shares changing hands. The stock had previously closed at $67.40.
iShares Morningstar Value ETF Stock Performance
The business’s 50 day simple moving average is $64.92 and its 200-day simple moving average is $64.51. The stock has a market capitalization of $808.02 million, a price-to-earnings ratio of 14.02 and a beta of 0.91.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Matrix Trust Co boosted its stake in iShares Morningstar Value ETF by 1.2% during the 1st quarter. Matrix Trust Co now owns 794,886 shares of the company’s stock valued at $50,793,000 after purchasing an additional 9,244 shares during the period. UBS Group AG raised its position in shares of iShares Morningstar Value ETF by 0.4% during the 1st quarter. UBS Group AG now owns 517,946 shares of the company’s stock worth $35,521,000 after buying an additional 2,061 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of iShares Morningstar Value ETF by 227.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 508,333 shares of the company’s stock worth $32,142,000 after buying an additional 353,232 shares in the last quarter. LPL Financial LLC raised its position in shares of iShares Morningstar Value ETF by 2.6% during the 1st quarter. LPL Financial LLC now owns 389,613 shares of the company’s stock worth $24,896,000 after buying an additional 9,950 shares in the last quarter. Finally, Morgan Stanley raised its position in shares of iShares Morningstar Value ETF by 9.6% during the 4th quarter. Morgan Stanley now owns 327,632 shares of the company’s stock worth $20,716,000 after buying an additional 28,569 shares in the last quarter.
About iShares Morningstar Value ETF
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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