iShares Morningstar Value ETF (NYSEARCA:ILCV) Hits New 1-Year High – Here’s What Happened

iShares Morningstar Value ETF (NYSEARCA:ILCV)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as $102.36 and last traded at $102.30, with a volume of 11439 shares traded. The stock had previously closed at $101.22.

iShares Morningstar Value ETF Price Performance

The firm has a market cap of $1.28 billion, a PE ratio of 19.33 and a beta of 0.81. The business has a fifty day moving average price of $99.04 and a two-hundred day moving average price of $96.70.

Hedge Funds Weigh In On iShares Morningstar Value ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. TSA Wealth Managment LLC grew its holdings in shares of iShares Morningstar Value ETF by 4.6% during the 4th quarter. TSA Wealth Managment LLC now owns 2,585 shares of the company’s stock valued at $244,000 after acquiring an additional 114 shares in the last quarter. Mariner LLC raised its holdings in shares of iShares Morningstar Value ETF by 0.3% during the third quarter. Mariner LLC now owns 37,590 shares of the company’s stock worth $3,384,000 after acquiring an additional 115 shares in the last quarter. Madison Wealth Partners Inc boosted its position in iShares Morningstar Value ETF by 0.4% during the third quarter. Madison Wealth Partners Inc now owns 34,392 shares of the company’s stock valued at $3,096,000 after purchasing an additional 125 shares during the last quarter. Stratos Wealth Partners LTD. grew its stake in iShares Morningstar Value ETF by 1.9% in the third quarter. Stratos Wealth Partners LTD. now owns 8,063 shares of the company’s stock valued at $726,000 after purchasing an additional 153 shares in the last quarter. Finally, IFP Advisors Inc grew its stake in iShares Morningstar Value ETF by 75.1% in the fourth quarter. IFP Advisors Inc now owns 373 shares of the company’s stock valued at $35,000 after purchasing an additional 160 shares in the last quarter.

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.