iShares Morningstar Value ETF (NYSEARCA:ILCV) Hits New 1-Year High – Here’s What Happened

iShares Morningstar Value ETF (NYSEARCA:ILCVGet Free Report)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $102.36 and last traded at $102.30, with a volume of 11439 shares traded. The stock had previously closed at $101.22.

iShares Morningstar Value ETF Stock Up 0.6%

The stock has a market cap of $1.28 billion, a P/E ratio of 19.33 and a beta of 0.81. The business has a 50-day simple moving average of $99.04 and a 200-day simple moving average of $96.70.

Institutional Investors Weigh In On iShares Morningstar Value ETF

A number of large investors have recently added to or reduced their stakes in the stock. Security Financial Services INC. boosted its position in iShares Morningstar Value ETF by 87.8% during the first quarter. Security Financial Services INC. now owns 5,607 shares of the company’s stock worth $522,000 after purchasing an additional 2,621 shares during the period. Ashton Thomas Securities LLC bought a new stake in shares of iShares Morningstar Value ETF in the first quarter valued at approximately $2,630,000. Arkadios Wealth Advisors bought a new stake in shares of iShares Morningstar Value ETF in the first quarter valued at approximately $447,000. Royal Bank of Canada boosted its position in shares of iShares Morningstar Value ETF by 1.3% in the first quarter. Royal Bank of Canada now owns 217,765 shares of the company’s stock valued at $20,282,000 after acquiring an additional 2,706 shares during the period. Finally, Gateway Wealth Partners LLC bought a new stake in shares of iShares Morningstar Value ETF in the first quarter valued at approximately $293,000.

About iShares Morningstar Value ETF

(Get 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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