iShares Morningstar Value ETF (NYSEARCA:ILCV) Reaches New 12-Month High at $80.85

iShares Morningstar Value ETF (NYSEARCA:ILCV) hit a new 52-week high during trading on Monday . The company traded as high as $80.85 and last traded at $80.84, with a volume of 1631 shares traded. The stock had previously closed at $80.59.

iShares Morningstar Value ETF Price Performance

The company has a market cap of $980.38 million, a P/E ratio of 18.53 and a beta of 0.76. The stock has a 50-day moving average of $77.90 and a 200 day moving average of $76.04.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. LRI Investments LLC bought a new stake in shares of iShares Morningstar Value ETF during the first quarter worth about $130,000. Wedbush Securities Inc. lifted its stake in shares of iShares Morningstar Value ETF by 24.9% in the second quarter. Wedbush Securities Inc. now owns 3,346 shares of the company’s stock worth $255,000 after acquiring an additional 666 shares during the period. Willis Johnson & Associates Inc. acquired a new position in iShares Morningstar Value ETF in the second quarter valued at approximately $290,000. Simplicity Wealth LLC acquired a new position in iShares Morningstar Value ETF in the first quarter valued at approximately $311,000. Finally, B. Riley Wealth Advisors Inc. lifted its stake in iShares Morningstar Value ETF by 8.7% in the second quarter. B. Riley Wealth Advisors Inc. now owns 4,841 shares of the company’s stock valued at $369,000 after buying an additional 386 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.