Steele Capital Management Inc. Grows Stock Position in iShares Morningstar Value ETF $ILCV

Steele Capital Management Inc. grew its holdings in iShares Morningstar Value ETF (NYSEARCA:ILCV) by 1.0% in the 4th quarter, Holdings Channel.com reports. The fund owned 670,081 shares of the company’s stock after buying an additional 6,822 shares during the period. iShares Morningstar Value ETF makes up 2.7% of Steele Capital Management Inc.’s holdings, making the stock its 14th biggest holding. Steele Capital Management Inc. owned about 0.05% of iShares Morningstar Value ETF worth $63,229,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Silicon Valley Capital Partners purchased a new position in shares of iShares Morningstar Value ETF in the 3rd quarter valued at approximately $51,000. Capital Investment Advisory Services LLC purchased a new stake in iShares Morningstar Value ETF during the 4th quarter worth approximately $66,000. Caitlin John LLC purchased a new stake in iShares Morningstar Value ETF during the 3rd quarter worth approximately $72,000. Root Financial Partners LLC acquired a new position in iShares Morningstar Value ETF during the 3rd quarter valued at approximately $84,000. Finally, Jones Financial Companies Lllp increased its stake in iShares Morningstar Value ETF by 92.0% during the 3rd quarter. Jones Financial Companies Lllp now owns 966 shares of the company’s stock valued at $87,000 after purchasing an additional 463 shares in the last quarter.

iShares Morningstar Value ETF Stock Performance

NYSEARCA:ILCV opened at $98.01 on Monday. iShares Morningstar Value ETF has a 12 month low of $74.04 and a 12 month high of $98.41. The firm has a fifty day simple moving average of $95.46 and a 200-day simple moving average of $94.29. The company has a market capitalization of $1.23 billion, a P/E ratio of 19.33 and a beta of 0.83.

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.