Mather Group LLC. Makes New Investment in iShares Morningstar Value ETF $ILCV

Mather Group LLC. purchased a new stake in shares of iShares Morningstar Value ETF (NYSEARCA:ILCV – Free Report) in the third quarter, Holdings Channel.com reports. The institutional investor purchased 37,921 shares of the company’s stock, valued at approximately $3,995,000.

Other hedge funds also recently bought and sold shares of the company. Flagstar Advisors Inc. increased its stake in shares of iShares Morningstar Value ETF by 3.0% in the first quarter. Flagstar Advisors Inc. now owns 5,535 shares of the company’s stock worth $516,000 after purchasing an additional 162 shares during the period. PNC Financial Services Group Inc. boosted its stake in iShares Morningstar Value ETF by 212.2% during the 1st quarter. PNC Financial Services Group Inc. now owns 306 shares of the company’s stock valued at $29,000 after purchasing an additional 208 shares during the period. Key Financial Inc boosted its stake in iShares Morningstar Value ETF by 3.0% during the 1st quarter. Key Financial Inc now owns 9,482 shares of the company’s stock valued at $883,000 after purchasing an additional 275 shares during the period. EWA LLC grew its holdings in iShares Morningstar Value ETF by 7.7% in the 1st quarter. EWA LLC now owns 4,355 shares of the company’s stock valued at $406,000 after buying an additional 312 shares during the last quarter. Finally, CFS Investment Advisory Services LLC increased its position in iShares Morningstar Value ETF by 13.1% in the 1st quarter. CFS Investment Advisory Services LLC now owns 2,755 shares of the company’s stock worth $270,000 after buying an additional 320 shares during the period.

iShares Morningstar Value ETF Stock Up 0.7%

Shares of ILCV stock opened at $109.14 on Friday. iShares Morningstar Value ETF has a 12 month low of $89.06 and a 12 month high of $109.57. The firm has a market cap of $1.38 billion, a PE ratio of 19.33 and a beta of 0.81. The stock has a 50 day moving average of $107.55 and a 200-day moving average of $103.06.

iShares Morningstar Value ETF Company Profile

(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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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).

Institutional Ownership by Quarter for iShares Morningstar Value ETF (NYSEARCA:ILCV)

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