iShares Morningstar Value ETF (NYSEARCA:ILCV) Reaches New 12-Month Low – What’s Next?

iShares Morningstar Value ETF (NYSEARCA:ILCV) shares reached a new 52-week low during trading on Monday . The stock traded as low as $70.58 and last traded at $70.58, with a volume of 7526 shares. The stock had previously closed at $73.81.

iShares Morningstar Value ETF Trading Up 7.2 %

The firm has a fifty day moving average of $81.95 and a two-hundred day moving average of $82.42. The company has a market capitalization of $963.01 million, a PE ratio of 17.96 and a beta of 0.88.

Institutional Trading of iShares Morningstar Value ETF

Several hedge funds and other institutional investors have recently bought and sold shares of ILCV. Kestra Private Wealth Services LLC boosted its holdings in shares of iShares Morningstar Value ETF by 1.5% during the fourth quarter. Kestra Private Wealth Services LLC now owns 8,943 shares of the company’s stock worth $724,000 after purchasing an additional 128 shares during the period. NewEdge Advisors LLC raised its position in iShares Morningstar Value ETF by 2.3% during the 4th quarter. NewEdge Advisors LLC now owns 7,320 shares of the company’s stock valued at $593,000 after purchasing an additional 164 shares during the last quarter. Mariner LLC lifted its holdings in iShares Morningstar Value ETF by 0.8% in the 4th quarter. Mariner LLC now owns 33,969 shares of the company’s stock worth $2,751,000 after buying an additional 262 shares during the period. Ameriprise Financial Inc. grew its position in shares of iShares Morningstar Value ETF by 1.3% in the 4th quarter. Ameriprise Financial Inc. now owns 28,343 shares of the company’s stock worth $2,295,000 after buying an additional 364 shares during the last quarter. Finally, Aptus Capital Advisors LLC purchased a new position in shares of iShares Morningstar Value ETF during the fourth quarter valued at approximately $32,000.

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.