iShares Morningstar Value ETF (NYSEARCA:ILCV) Sets New 52-Week High – Here’s What Happened

iShares Morningstar Value ETF (NYSEARCA:ILCVGet Free Report)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $100.91 and last traded at $100.91, with a volume of 11777 shares changing hands. The stock had previously closed at $100.60.

iShares Morningstar Value ETF Stock Performance

The company has a market cap of $1.26 billion, a PE ratio of 19.33 and a beta of 0.81. The stock’s 50 day moving average price is $96.27 and its 200-day moving average price is $95.56.

Institutional Investors Weigh In On iShares Morningstar Value ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ILCV. AlphaCore Capital LLC bought a new stake in iShares Morningstar Value ETF during the 4th quarter valued at $22,644,000. Northwestern Mutual Wealth Management Co. raised its holdings in iShares Morningstar Value ETF by 117.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 251,329 shares of the company’s stock valued at $23,715,000 after buying an additional 135,785 shares during the last quarter. Northwest Wealth Advisors LLC bought a new stake in iShares Morningstar Value ETF during the 4th quarter valued at $12,320,000. Systelligence LLC bought a new stake in iShares Morningstar Value ETF during the 1st quarter valued at $11,380,000. Finally, Ameriprise Financial Inc. raised its holdings in iShares Morningstar Value ETF by 359.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 121,231 shares of the company’s stock valued at $10,913,000 after buying an additional 94,862 shares during the last quarter.

About iShares Morningstar Value ETF

(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.

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