iShares Morningstar Value ETF (NYSEARCA:ILCV) Sets New 12-Month High – Here’s What Happened

Shares of iShares Morningstar Value ETF (NYSEARCA:ILCV) hit a new 52-week high during trading on Tuesday . The stock traded as high as $83.53 and last traded at $83.53, with a volume of 3281 shares. The stock had previously closed at $83.38.

iShares Morningstar Value ETF Price Performance

The stock has a market cap of $1.01 billion, a price-to-earnings ratio of 18.53 and a beta of 0.76. The stock’s 50 day simple moving average is $80.40 and its two-hundred day simple moving average is $77.70.

Institutional Trading of iShares Morningstar Value ETF

Institutional investors have recently made changes to their positions in the business. LRI Investments LLC acquired a new position in iShares Morningstar Value ETF in the first quarter worth about $130,000. CWM LLC lifted its position in shares of iShares Morningstar Value ETF by 4.3% during the 2nd quarter. CWM LLC now owns 11,760 shares of the company’s stock worth $898,000 after buying an additional 490 shares during the period. Commonwealth Equity Services LLC boosted its stake in iShares Morningstar Value ETF by 2.4% in the 2nd quarter. Commonwealth Equity Services LLC now owns 134,541 shares of the company’s stock valued at $10,269,000 after buying an additional 3,110 shares in the last quarter. Wedbush Securities Inc. grew its position in iShares Morningstar Value ETF by 24.9% in the second quarter. Wedbush Securities Inc. now owns 3,346 shares of the company’s stock valued at $255,000 after acquiring an additional 666 shares during the period. Finally, Cetera Investment Advisers grew its position in iShares Morningstar Value ETF by 945.4% in the first quarter. Cetera Investment Advisers now owns 61,711 shares of the company’s stock valued at $4,743,000 after acquiring an additional 55,808 shares during the period.

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.