Addison Advisors LLC Takes $108,000 Position in iShares Morningstar Value ETF (NYSEARCA:ILCV)

Addison Advisors LLC purchased a new position in shares of iShares Morningstar Value ETF (NYSEARCA:ILCV) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 1,335 shares of the company’s stock, valued at approximately $108,000.

Other hedge funds have also bought and sold shares of the company. Creative Financial Designs Inc. ADV increased its stake in iShares Morningstar Value ETF by 86.4% during the third quarter. Creative Financial Designs Inc. ADV now owns 917 shares of the company’s stock valued at $75,000 after purchasing an additional 425 shares during the last quarter. Aspect Partners LLC bought a new stake in shares of iShares Morningstar Value ETF during the 4th quarter valued at about $103,000. Geneos Wealth Management Inc. raised its stake in iShares Morningstar Value ETF by 77.6% during the fourth quarter. Geneos Wealth Management Inc. now owns 1,900 shares of the company’s stock worth $154,000 after acquiring an additional 830 shares during the period. Stratos Wealth Partners LTD. bought a new position in iShares Morningstar Value ETF in the fourth quarter worth about $230,000. Finally, OneDigital Investment Advisors LLC acquired a new position in iShares Morningstar Value ETF in the third quarter valued at approximately $238,000.

iShares Morningstar Value ETF Trading Up 0.2 %

NYSEARCA:ILCV opened at $84.42 on Wednesday. The stock has a 50 day moving average of $82.78 and a 200-day moving average of $82.34. The firm has a market capitalization of $1.03 billion, a PE ratio of 18.53 and a beta of 0.76. iShares Morningstar Value ETF has a 52 week low of $72.83 and a 52 week high of $85.63.

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.