SPC Financial Inc. Reduces Position in iShares Morningstar Value ETF $ILCV

SPC Financial Inc. decreased its stake in shares of iShares Morningstar Value ETF (NYSEARCA:ILCV) by 0.9% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 246,737 shares of the company’s stock after selling 2,206 shares during the period. iShares Morningstar Value ETF accounts for 1.7% of SPC Financial Inc.’s investment portfolio, making the stock its 19th biggest position. SPC Financial Inc.’s holdings in iShares Morningstar Value ETF were worth $20,575,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the stock. CWM LLC increased its position in iShares Morningstar Value ETF by 0.7% during the second quarter. CWM LLC now owns 23,383 shares of the company’s stock worth $1,950,000 after buying an additional 170 shares in the last quarter. Robertson Stephens Wealth Management LLC purchased a new position in iShares Morningstar Value ETF during the second quarter worth $835,000. Edge Financial Advisors LLC purchased a new position in iShares Morningstar Value ETF during the second quarter worth $569,000. Detalus Advisors LLC increased its position in iShares Morningstar Value ETF by 34.0% during the second quarter. Detalus Advisors LLC now owns 10,825 shares of the company’s stock worth $903,000 after buying an additional 2,748 shares in the last quarter. Finally, Duncan Williams Asset Management LLC purchased a new position in iShares Morningstar Value ETF during the second quarter worth $332,000.

iShares Morningstar Value ETF Stock Performance

iShares Morningstar Value ETF stock opened at $88.05 on Friday. The stock has a fifty day moving average of $88.03 and a two-hundred day moving average of $83.33. The company has a market capitalization of $1.08 billion, a price-to-earnings ratio of 19.33 and a beta of 0.91. iShares Morningstar Value ETF has a fifty-two week low of $70.58 and a fifty-two week high of $91.10.

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.