iShares Morningstar Value ETF (NYSEARCA:ILCV) Hits New 52-Week High – What’s Next?

iShares Morningstar Value ETF (NYSEARCA:ILCV) shares reached a new 52-week high during trading on Monday . The company traded as high as $94.81 and last traded at $94.5320, with a volume of 4782 shares. The stock had previously closed at $94.24.

iShares Morningstar Value ETF Trading Down 0.5%

The firm has a market capitalization of $1.16 billion, a PE ratio of 19.33 and a beta of 0.88. The company has a fifty day moving average price of $91.16 and a two-hundred day moving average price of $86.80.

Hedge Funds Weigh In On iShares Morningstar Value ETF

A number of hedge funds have recently modified their holdings of ILCV. Twin Peaks Wealth Advisors LLC purchased a new position in iShares Morningstar Value ETF during the 2nd quarter worth $46,000. Silicon Valley Capital Partners purchased a new position in shares of iShares Morningstar Value ETF during the third quarter worth about $51,000. Caitlin John LLC acquired a new position in iShares Morningstar Value ETF in the 3rd quarter valued at about $72,000. Root Financial Partners LLC acquired a new position in iShares Morningstar Value ETF in the 3rd quarter valued at about $84,000. Finally, Jones Financial Companies Lllp raised its stake in iShares Morningstar Value ETF by 92.0% during the 3rd quarter. Jones Financial Companies Lllp now owns 966 shares of the company’s stock valued at $87,000 after acquiring an additional 463 shares during the last quarter.

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.