Prime Capital Investment Advisors LLC Boosts Stock Position in iShares Morningstar Value ETF (NYSEARCA:ILCV)

Prime Capital Investment Advisors LLC increased its stake in shares of iShares Morningstar Value ETF (NYSEARCA:ILCV) by 7.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,091 shares of the company’s stock after purchasing an additional 2,000 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in iShares Morningstar Value ETF were worth $2,391,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV increased its position in iShares Morningstar Value ETF by 86.4% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 917 shares of the company’s stock worth $75,000 after purchasing an additional 425 shares in the last quarter. LRI Investments LLC purchased a new stake in iShares Morningstar Value ETF in the 1st quarter valued at about $130,000. Wedbush Securities Inc. grew its holdings in iShares Morningstar Value ETF by 24.9% in the 2nd quarter. Wedbush Securities Inc. now owns 3,346 shares of the company’s stock valued at $255,000 after buying an additional 666 shares during the period. Willis Johnson & Associates Inc. purchased a new stake in iShares Morningstar Value ETF in the 2nd quarter valued at about $290,000. Finally, Proactive Wealth Strategies LLC purchased a new stake in iShares Morningstar Value ETF in the 3rd quarter valued at about $356,000.

iShares Morningstar Value ETF Price Performance

ILCV opened at $83.75 on Thursday. The stock has a market capitalization of $1.02 billion, a price-to-earnings ratio of 18.53 and a beta of 0.76. The business has a 50-day moving average of $81.94 and a two-hundred day moving average of $78.89. iShares Morningstar Value ETF has a 12 month low of $65.38 and a 12 month high of $84.55.

iShares Morningstar Value ETF 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.