iShares Morningstar Value ETF (NYSEARCA:ILCV) Sets New 52-Week High – Should You Buy?

iShares Morningstar Value ETF (NYSEARCA:ILCV) reached a new 52-week high during trading on Wednesday . The stock traded as high as $100.20 and last traded at $100.20, with a volume of 8097 shares changing hands. The stock had previously closed at $100.16.

iShares Morningstar Value ETF Stock Up 0.2%

The firm has a market capitalization of $1.25 billion, a price-to-earnings ratio of 19.33 and a beta of 0.81. The stock’s fifty day moving average is $95.82 and its two-hundred day moving average is $95.19.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. PNC Financial Services Group Inc. lifted its stake 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 during the last quarter. IFP Advisors Inc increased 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 worth $35,000 after buying an additional 160 shares during the last quarter. Silicon Valley Capital Partners bought a new stake in iShares Morningstar Value ETF in the third quarter valued at approximately $51,000. Capital Investment Advisory Services LLC bought a new stake in iShares Morningstar Value ETF in the fourth quarter valued at approximately $66,000. Finally, Caitlin John LLC acquired a new stake in shares of iShares Morningstar Value ETF in the third quarter valued at approximately $72,000.

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.