Tandem Financial LLC Buys Shares of 65,638 iShares Morningstar Value ETF $ILCV

Tandem Financial LLC purchased a new position in shares of iShares Morningstar Value ETF (NYSEARCA:ILCV) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 65,638 shares of the company’s stock, valued at approximately $5,909,000. iShares Morningstar Value ETF makes up about 2.2% of Tandem Financial LLC’s holdings, making the stock its 11th largest position.

Several other institutional investors and hedge funds have also modified their holdings of the business. Twin Peaks Wealth Advisors LLC acquired a new stake in iShares Morningstar Value ETF in the second quarter valued at about $46,000. Root Financial Partners LLC bought a new position in shares of iShares Morningstar Value ETF in the third quarter worth about $84,000. Chilton Capital Management LLC acquired a new stake in shares of iShares Morningstar Value ETF in the 3rd quarter valued at approximately $126,000. B. Riley Wealth Advisors Inc. bought a new stake in shares of iShares Morningstar Value ETF during the 2nd quarter valued at approximately $210,000. Finally, SMI Advisory Services LLC bought a new stake in shares of iShares Morningstar Value ETF during the 3rd quarter valued at approximately $214,000.

iShares Morningstar Value ETF Price Performance

ILCV stock opened at $96.36 on Tuesday. The stock has a market cap of $1.19 billion, a price-to-earnings ratio of 19.33 and a beta of 0.88. The company has a 50 day simple moving average of $94.77 and a 200 day simple moving average of $90.62. iShares Morningstar Value ETF has a 1 year low of $70.58 and a 1 year high of $96.73.

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.