Baird Financial Group Inc. Trims Stock Position in iShares Morningstar Value ETF (NYSEARCA:ILCV)

Baird Financial Group Inc. cut its stake in iShares Morningstar Value ETF (NYSEARCA:ILCVFree Report) by 2.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 28,144 shares of the company’s stock after selling 601 shares during the quarter. Baird Financial Group Inc.’s holdings in iShares Morningstar Value ETF were worth $2,279,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Aptus Capital Advisors LLC purchased a new stake in shares of iShares Morningstar Value ETF in the fourth quarter valued at about $32,000. Mascoma Wealth Management LLC purchased a new stake in shares of iShares Morningstar Value ETF in the fourth quarter valued at about $64,000. Halbert Hargrove Global Advisors LLC purchased a new stake in shares of iShares Morningstar Value ETF in the fourth quarter valued at about $71,000. Aspect Partners LLC purchased a new stake in shares of iShares Morningstar Value ETF in the fourth quarter valued at about $103,000. Finally, Addison Advisors LLC purchased a new stake in shares of iShares Morningstar Value ETF in the fourth quarter valued at about $108,000.

iShares Morningstar Value ETF Stock Performance

Shares of NYSEARCA:ILCV opened at $79.08 on Monday. The company has a 50-day simple moving average of $78.84 and a 200-day simple moving average of $81.63. iShares Morningstar Value ETF has a one year low of $70.58 and a one year high of $85.63. The stock has a market capitalization of $996.41 million, a price-to-earnings ratio of 19.44 and a beta of 0.88.

iShares Morningstar Value ETF Profile

(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.

See Also

Want to see what other hedge funds are holding ILCV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Morningstar Value ETF (NYSEARCA:ILCVFree Report).

Institutional Ownership by Quarter for iShares Morningstar Value ETF (NYSEARCA:ILCV)

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