iShares Morningstar Value ETF (NYSEARCA:ILCV) Sets New 52-Week High – Here’s What Happened

by · The Cerbat Gem

iShares Morningstar Value ETF (NYSEARCA:ILCV – Get Free Report)’s stock price reached a new 52-week high during trading on Thursday . The company traded as high as $100.91 and last traded at $100.91, with a volume of 11777 shares changing hands. The stock had previously closed at $100.60.

iShares Morningstar Value ETF Trading Up 0.3%

The firm has a market capitalization of $1.26 billion, a P/E ratio of 19.33 and a beta of 0.81. The company’s fifty day simple moving average is $96.27 and its 200 day simple moving average is $95.56.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. raised its holdings in iShares Morningstar Value ETF by 212.2% in the 1st quarter. PNC Financial Services Group Inc. now owns 306 shares of the company’s stock worth $29,000 after purchasing an additional 208 shares in the last quarter. IFP Advisors Inc raised its holdings in iShares Morningstar Value ETF by 75.1% in the 4th quarter. IFP Advisors Inc now owns 373 shares of the company’s stock worth $35,000 after purchasing an additional 160 shares in the last quarter. Silicon Valley Capital Partners bought a new position in iShares Morningstar Value ETF in the 3rd quarter worth $51,000. Capital Investment Advisory Services LLC bought a new position in iShares Morningstar Value ETF in the 4th quarter worth $66,000. Finally, Caitlin John LLC bought a new position in iShares Morningstar Value ETF in the 3rd quarter worth $72,000.

iShares Morningstar Value ETF Company Profile

(Get Free Report)

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.

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