Bank of America Corp DE Sells 32,621 Shares of iShares Morningstar Value ETF (NYSEARCA:ILCV)

Bank of America Corp DE lowered its stake in iShares Morningstar Value ETF (NYSEARCA:ILCV) by 4.1% during the 4th quarter, Holdings Channel reports. The institutional investor owned 758,802 shares of the company’s stock after selling 32,621 shares during the quarter. Bank of America Corp DE owned about 0.06% of iShares Morningstar Value ETF worth $61,448,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Stratos Wealth Partners LTD. bought a new position in shares of iShares Morningstar Value ETF in the fourth quarter worth about $230,000. Barrett & Company Inc. raised its stake in shares of iShares Morningstar Value ETF by 2.5% in the fourth quarter. Barrett & Company Inc. now owns 98,727 shares of the company’s stock worth $7,995,000 after buying an additional 2,376 shares during the period. JPMorgan Chase & Co. raised its stake in shares of iShares Morningstar Value ETF by 9.2% in the third quarter. JPMorgan Chase & Co. now owns 144,983 shares of the company’s stock worth $11,918,000 after buying an additional 12,177 shares during the period. Commonwealth Equity Services LLC raised its stake in shares of iShares Morningstar Value ETF by 7.7% in the fourth quarter. Commonwealth Equity Services LLC now owns 142,769 shares of the company’s stock worth $11,561,000 after buying an additional 10,223 shares during the period. Finally, Ipsen Advisor Group LLC bought a new position in shares of iShares Morningstar Value ETF in the fourth quarter worth about $923,000.

iShares Morningstar Value ETF Stock Up 2.4%

NYSEARCA ILCV opened at $81.01 on Tuesday. The stock’s 50-day moving average price is $78.81 and its 200-day moving average price is $81.63. iShares Morningstar Value ETF has a 52 week low of $70.58 and a 52 week high of $85.63. The company has a market capitalization of $1.02 billion, a P/E ratio of 19.44 and a beta of 0.88.

iShares Morningstar Value ETF 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.