Cedar Point Capital Partners LLC Lowers Holdings in iShares Morningstar Value ETF (NYSEARCA:ILCV)

Cedar Point Capital Partners LLC cut its stake in iShares Morningstar Value ETF (NYSEARCA:ILCV) by 8.4% in the fourth quarter, HoldingsChannel reports. The fund owned 8,856 shares of the company’s stock after selling 808 shares during the period. Cedar Point Capital Partners LLC’s holdings in iShares Morningstar Value ETF were worth $717,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently bought and sold shares of the company. Janney Montgomery Scott LLC grew its position in shares of iShares Morningstar Value ETF by 51.6% during the 4th quarter. Janney Montgomery Scott LLC now owns 52,743 shares of the company’s stock valued at $4,271,000 after acquiring an additional 17,950 shares during the period. Kiley Juergens Wealth Management LLC boosted its position in iShares Morningstar Value ETF by 0.9% during the fourth quarter. Kiley Juergens Wealth Management LLC now owns 87,455 shares of the company’s stock worth $7,082,000 after purchasing an additional 738 shares in the last quarter. Lauer Wealth LLC grew its holdings in iShares Morningstar Value ETF by 5.3% in the fourth quarter. Lauer Wealth LLC now owns 134,186 shares of the company’s stock valued at $10,866,000 after purchasing an additional 6,760 shares during the period. JPMorgan Chase & Co. increased its position in shares of iShares Morningstar Value ETF by 9.2% in the third quarter. JPMorgan Chase & Co. now owns 144,983 shares of the company’s stock valued at $11,918,000 after buying an additional 12,177 shares in the last quarter. Finally, Sanctuary Advisors LLC raised its stake in shares of iShares Morningstar Value ETF by 26.9% during the 3rd quarter. Sanctuary Advisors LLC now owns 32,654 shares of the company’s stock worth $2,757,000 after buying an additional 6,918 shares during the period.

iShares Morningstar Value ETF Stock Performance

iShares Morningstar Value ETF stock opened at $83.09 on Thursday. The company’s fifty day moving average price is $82.75 and its 200 day moving average price is $81.26. The stock has a market capitalization of $1.01 billion, a P/E ratio of 18.53 and a beta of 0.76. iShares Morningstar Value ETF has a 1 year low of $70.78 and a 1 year high of $85.63.

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.