Steele Capital Management Inc. Lowers Holdings in iShares Morningstar Value ETF (NYSEARCA:ILCV)

Steele Capital Management Inc. trimmed its holdings in iShares Morningstar Value ETF (NYSEARCA:ILCV) by 0.6% in the 4th quarter, HoldingsChannel reports. The firm owned 689,990 shares of the company’s stock after selling 4,140 shares during the quarter. iShares Morningstar Value ETF makes up approximately 2.9% of Steele Capital Management Inc.’s portfolio, making the stock its 13th largest holding. Steele Capital Management Inc. owned about 0.06% of iShares Morningstar Value ETF worth $55,875,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in ILCV. Key Financial Inc lifted its holdings in shares of iShares Morningstar Value ETF by 13.8% in the fourth quarter. Key Financial Inc now owns 6,169 shares of the company’s stock worth $500,000 after buying an additional 750 shares in the last quarter. Atria Wealth Solutions Inc. increased its holdings in iShares Morningstar Value ETF by 15.6% in the 4th quarter. Atria Wealth Solutions Inc. now owns 12,059 shares of the company’s stock valued at $977,000 after acquiring an additional 1,630 shares during the last quarter. Truist Financial Corp lifted its stake in iShares Morningstar Value ETF by 26.0% in the 4th quarter. Truist Financial Corp now owns 47,141 shares of the company’s stock worth $3,817,000 after purchasing an additional 9,727 shares in the last quarter. Woodard & Co. Asset Management Group Inc. ADV boosted its holdings in shares of iShares Morningstar Value ETF by 4,585.5% during the 4th quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 288,156 shares of the company’s stock valued at $23,335,000 after purchasing an additional 282,006 shares during the last quarter. Finally, Sanctuary Advisors LLC grew its position in shares of iShares Morningstar Value ETF by 1.4% during the fourth quarter. Sanctuary Advisors LLC now owns 33,118 shares of the company’s stock valued at $2,797,000 after purchasing an additional 464 shares in the last quarter.

iShares Morningstar Value ETF Trading Down 0.1 %

Shares of ILCV stock opened at $84.49 on Tuesday. The stock has a market capitalization of $1.03 billion, a price-to-earnings ratio of 18.53 and a beta of 0.76. iShares Morningstar Value ETF has a 12-month low of $72.30 and a 12-month high of $85.63. The stock’s 50-day moving average price is $82.63 and its 200-day moving average price is $81.99.

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.