Cedar Point Capital Partners LLC Invests $621,000 in iShares Morningstar Value ETF (NYSEARCA:ILCV)

Cedar Point Capital Partners LLC purchased a new position in iShares Morningstar Value ETF (NYSEARCA:ILCV) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 8,799 shares of the company’s stock, valued at approximately $621,000. Cedar Point Capital Partners LLC owned about 0.07% of iShares Morningstar Value ETF at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in ILCV. Commonwealth Equity Services LLC boosted its stake in iShares Morningstar Value ETF by 8.8% during the third quarter. Commonwealth Equity Services LLC now owns 106,755 shares of the company’s stock worth $6,915,000 after buying an additional 8,639 shares during the last quarter. Barrett & Company Inc. boosted its stake in iShares Morningstar Value ETF by 2.7% during the third quarter. Barrett & Company Inc. now owns 86,005 shares of the company’s stock worth $5,571,000 after buying an additional 2,236 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in iShares Morningstar Value ETF by 1.6% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 85,770 shares of the company’s stock worth $5,555,000 after buying an additional 1,352 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in iShares Morningstar Value ETF by 0.5% during the third quarter. Bank of New York Mellon Corp now owns 733,716 shares of the company’s stock worth $47,523,000 after buying an additional 3,466 shares during the last quarter. Finally, Detalus Advisors LLC acquired a new position in iShares Morningstar Value ETF during the third quarter worth $752,000.

iShares Morningstar Value ETF Trading Up 0.3 %

NYSEARCA ILCV traded up $0.24 on Friday, reaching $74.55. 28,029 shares of the company were exchanged, compared to its average volume of 29,876. The business’s fifty day moving average price is $74.75 and its 200 day moving average price is $70.50. The stock has a market capitalization of $905.77 million, a P/E ratio of 17.97 and a beta of 0.78. iShares Morningstar Value ETF has a fifty-two week low of $61.50 and a fifty-two week high of $76.99.

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.