RKL Wealth Management LLC Purchases New Stake in iShares Morningstar Value ETF $ILCV

RKL Wealth Management LLC purchased a new stake in iShares Morningstar Value ETF (NYSEARCA:ILCV) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 72,353 shares of the company’s stock, valued at approximately $7,708,000. iShares Morningstar Value ETF makes up 0.6% of RKL Wealth Management LLC’s holdings, making the stock its 26th biggest holding. RKL Wealth Management LLC owned 0.57% of iShares Morningstar Value ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. WealthBridge Capital Management LLC acquired a new stake in iShares Morningstar Value ETF in the third quarter valued at $388,000. GenWealth Group Inc. acquired a new position in shares of iShares Morningstar Value ETF during the 3rd quarter worth $1,755,000. Goelzer Investment Management Inc. acquired a new position in shares of iShares Morningstar Value ETF during the 3rd quarter worth $1,147,000. Legacy Wealth Partners LLC acquired a new position in shares of iShares Morningstar Value ETF during the 3rd quarter worth $2,887,000. Finally, Detalus Advisors LLC acquired a new position in shares of iShares Morningstar Value ETF during the 3rd quarter worth $841,000.

iShares Morningstar Value ETF Trading Down 0.3%

Shares of ILCV traded down $0.33 during trading hours on Friday, reaching $108.81. The company had a trading volume of 23,410 shares, compared to its average volume of 35,429. iShares Morningstar Value ETF has a 12-month low of $89.29 and a 12-month high of $109.71. The firm has a 50 day simple moving average of $107.58 and a 200-day simple moving average of $103.10. The company has a market capitalization of $1.37 billion, a price-to-earnings ratio of 19.33 and a beta of 0.81.

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.