Envestnet Asset Management Inc. Sells 8,140 Shares of iShares Morningstar Value ETF $ILCV

Envestnet Asset Management Inc. decreased its stake in iShares Morningstar Value ETF (NYSEARCA:ILCV) by 12.1% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 59,010 shares of the company’s stock after selling 8,140 shares during the period. Envestnet Asset Management Inc.’s holdings in iShares Morningstar Value ETF were worth $4,921,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. LPL Financial LLC lifted its holdings in shares of iShares Morningstar Value ETF by 15.0% during the first quarter. LPL Financial LLC now owns 527,309 shares of the company’s stock valued at $42,949,000 after acquiring an additional 68,872 shares during the period. Assetmark Inc. increased its position in shares of iShares Morningstar Value ETF by 815.4% during the 1st quarter. Assetmark Inc. now owns 75,390 shares of the company’s stock worth $6,141,000 after purchasing an additional 67,154 shares in the last quarter. Janney Montgomery Scott LLC increased its position in shares of iShares Morningstar Value ETF by 50.8% during the 2nd quarter. Janney Montgomery Scott LLC now owns 79,691 shares of the company’s stock worth $6,645,000 after purchasing an additional 26,841 shares in the last quarter. One Wealth Advisors LLC bought a new position in iShares Morningstar Value ETF during the 1st quarter valued at about $2,178,000. Finally, Wealth Alliance LLC acquired a new position in iShares Morningstar Value ETF in the first quarter valued at about $2,151,000.

iShares Morningstar Value ETF Trading Down 1.1%

Shares of iShares Morningstar Value ETF stock opened at $92.37 on Friday. The stock has a market capitalization of $1.14 billion, a price-to-earnings ratio of 19.33 and a beta of 0.88. The firm’s 50-day moving average price is $90.39 and its two-hundred day moving average price is $85.69. iShares Morningstar Value ETF has a 1-year low of $70.58 and a 1-year high of $93.68.

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.