Steele Capital Management Inc. Buys 6,822 Shares of iShares Morningstar Value ETF $ILCV

Steele Capital Management Inc. increased its stake in iShares Morningstar Value ETF (NYSEARCA:ILCV) by 1.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 670,081 shares of the company’s stock after buying an additional 6,822 shares during the quarter. iShares Morningstar Value ETF comprises approximately 2.7% of Steele Capital Management Inc.’s holdings, making the stock its 14th largest holding. Steele Capital Management Inc. owned approximately 5.40% of iShares Morningstar Value ETF worth $63,229,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Silicon Valley Capital Partners purchased a new stake in shares of iShares Morningstar Value ETF in the third quarter valued at $51,000. Capital Investment Advisory Services LLC bought a new position in iShares Morningstar Value ETF during the 4th quarter valued at about $66,000. Caitlin John LLC purchased a new stake in iShares Morningstar Value ETF in the 3rd quarter worth about $72,000. Root Financial Partners LLC bought a new stake in iShares Morningstar Value ETF in the third quarter worth about $84,000. Finally, Jones Financial Companies Lllp boosted its position in shares of iShares Morningstar Value ETF by 92.0% during the third quarter. Jones Financial Companies Lllp now owns 966 shares of the company’s stock valued at $87,000 after buying an additional 463 shares during the period.

iShares Morningstar Value ETF Stock Performance

ILCV opened at $98.01 on Monday. The stock’s 50 day moving average price is $95.46 and its 200-day moving average price is $94.29. iShares Morningstar Value ETF has a one year low of $74.04 and a one year high of $98.41. The stock has a market cap of $1.23 billion, a price-to-earnings ratio of 19.33 and a beta of 0.83.

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.