Northwestern Mutual Wealth Management Co. trimmed its holdings in iShares Morningstar Value ETF (NYSEARCA:ILCV – Free Report) by 83.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 18,904 shares of the company’s stock after selling 96,640 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in iShares Morningstar Value ETF were worth $1,784,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Asempa Wealth Advisors purchased a new position in iShares Morningstar Value ETF in the 4th quarter valued at $1,686,000. Global View Capital Management LLC purchased a new stake in shares of iShares Morningstar Value ETF during the 4th quarter worth $2,678,000. Key Capital Management INC purchased a new stake in shares of iShares Morningstar Value ETF in the fourth quarter valued at about $673,000. Pearl Planning LLC purchased a new stake in shares of iShares Morningstar Value ETF in the fourth quarter valued at $498,000. Finally, Strategic Blueprint LLC increased its position in iShares Morningstar Value ETF by 23.8% during the 4th quarter. Strategic Blueprint LLC now owns 33,650 shares of the company’s stock worth $3,175,000 after purchasing an additional 6,474 shares in the last quarter.
iShares Morningstar Value ETF Price Performance
NYSEARCA:ILCV opened at $101.74 on Thursday. The firm has a 50 day simple moving average of $96.96 and a 200-day simple moving average of $95.91. The firm has a market cap of $1.27 billion, a PE ratio of 19.33 and a beta of 0.81. iShares Morningstar Value ETF has a 1-year low of $80.15 and a 1-year high of $102.02.
About iShares Morningstar Value ETF
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.
Read More
- Five stocks we like better than iShares Morningstar Value ETF
- Abercrombie Rallies as Strong Q1 Earnings Extend Winning Streak
- TeraWulf Bets on Power Infrastructure to Lead AI Build-Out
- Amazon’s Alexa for Shopping Strengthens an Already Strong Bull Case
- Keysight: The AI and Defense Stock Seeing Big Price Target Boosts
Want to see what other hedge funds are holding ILCV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Morningstar Value ETF (NYSEARCA:ILCV – Free Report).
Receive News & Ratings for iShares Morningstar Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Morningstar Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.
