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

iShares Morningstar Value ETF (NYSEARCA:ILCV) reached a new 52-week high on Monday . The company traded as high as $84.98 and last traded at $84.98, with a volume of 1513 shares. The stock had previously closed at $84.44.

iShares Morningstar Value ETF Stock Up 0.3 %

The company has a market cap of $1.04 billion, a PE ratio of 18.53 and a beta of 0.76. The business has a 50-day simple moving average of $82.54 and a 200-day simple moving average of $79.43.

Hedge Funds Weigh In On iShares Morningstar Value ETF

Large investors have recently added to or reduced their stakes in the stock. LRI Investments LLC purchased a new stake in iShares Morningstar Value ETF during the 1st quarter worth approximately $131,000. Cedar Point Capital Partners LLC lifted its holdings in iShares Morningstar Value ETF by 6.1% in the 1st quarter. Cedar Point Capital Partners LLC now owns 9,339 shares of the company’s stock valued at $718,000 after purchasing an additional 540 shares in the last quarter. Cetera Investment Advisers boosted its stake in iShares Morningstar Value ETF by 945.4% during the 1st quarter. Cetera Investment Advisers now owns 61,711 shares of the company’s stock worth $4,743,000 after purchasing an additional 55,808 shares during the last quarter. Cetera Advisors LLC grew its holdings in shares of iShares Morningstar Value ETF by 11.8% during the first quarter. Cetera Advisors LLC now owns 7,041 shares of the company’s stock worth $541,000 after buying an additional 744 shares in the last quarter. Finally, Mather Group LLC. raised its position in shares of iShares Morningstar Value ETF by 25.0% in the second quarter. Mather Group LLC. now owns 47,070 shares of the company’s stock valued at $3,618,000 after buying an additional 9,403 shares during the last quarter.

iShares Morningstar Value ETF Company 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.