Truist Financial Corp Lowers Stake in iShares Morningstar Value ETF $ILCV

Truist Financial Corp lessened its holdings in shares of iShares Morningstar Value ETF (NYSEARCA:ILCV) by 28.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 16,641 shares of the company’s stock after selling 6,709 shares during the quarter. Truist Financial Corp owned 0.14% of iShares Morningstar Value ETF worth $1,570,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ILCV. Ameriprise Financial Inc. increased its position 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 worth $10,913,000 after purchasing an additional 94,862 shares in the last quarter. Tandem Financial LLC purchased a new position in shares of iShares Morningstar Value ETF in the 3rd quarter valued at $5,909,000. UBS Group AG raised its stake in shares of iShares Morningstar Value ETF by 7.9% in the 3rd quarter. UBS Group AG now owns 536,027 shares of the company’s stock valued at $48,253,000 after acquiring an additional 39,138 shares during the period. Global View Capital Management LLC purchased a new position in shares of iShares Morningstar Value ETF in the 4th quarter valued at $2,678,000. Finally, Equitable Holdings Inc. raised its stake in shares of iShares Morningstar Value ETF by 2.9% in the 2nd quarter. Equitable Holdings Inc. now owns 904,531 shares of the company’s stock valued at $75,429,000 after acquiring an additional 25,171 shares during the period.

iShares Morningstar Value ETF Trading Up 0.3%

Shares of ILCV stock opened at $100.59 on Friday. The company’s fifty day simple moving average is $95.95 and its 200-day simple moving average is $95.33. iShares Morningstar Value ETF has a 52 week low of $79.13 and a 52 week high of $100.84. The company has a market cap of $1.26 billion, a PE ratio of 19.33 and a beta of 0.81.

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.