iShares Morningstar Value ETF (NYSEARCA:ILCV) Sees Strong Trading Volume – Should You Buy?

iShares Morningstar Value ETF (NYSEARCA:ILCV) saw unusually-high trading volume on Friday . Approximately 32,189 shares traded hands during mid-day trading, a decline of 7% from the previous session’s volume of 34,489 shares.The stock last traded at $91.3550 and had previously closed at $91.79.

iShares Morningstar Value ETF Stock Down 0.5%

The business’s fifty day moving average is $89.92 and its 200-day moving average is $85.14. The stock has a market capitalization of $1.12 billion, a PE ratio of 19.33 and a beta of 0.88.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in ILCV. Atria Wealth Solutions Inc. raised its position in iShares Morningstar Value ETF by 8.4% in the first quarter. Atria Wealth Solutions Inc. now owns 13,075 shares of the company’s stock valued at $1,065,000 after purchasing an additional 1,016 shares during the period. Assetmark Inc. boosted its position in shares of iShares Morningstar Value ETF by 815.4% in the first quarter. Assetmark Inc. now owns 75,390 shares of the company’s stock worth $6,141,000 after buying an additional 67,154 shares during the period. Mayflower Financial Advisors LLC acquired a new stake in shares of iShares Morningstar Value ETF in the first quarter valued at about $760,000. Matrix Trust Co raised its holdings in shares of iShares Morningstar Value ETF by 1.6% during the 2nd quarter. Matrix Trust Co now owns 700,341 shares of the company’s stock valued at $58,401,000 after buying an additional 10,783 shares during the period. Finally, Brand Asset Management Group Inc. raised its holdings in shares of iShares Morningstar Value ETF by 4.1% during the 2nd quarter. Brand Asset Management Group Inc. now owns 15,233 shares of the company’s stock valued at $1,270,000 after buying an additional 605 shares during the period.

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.