Northwestern Mutual Wealth Management Co. Buys 135,785 Shares of iShares Morningstar Value ETF $ILCV

Northwestern Mutual Wealth Management Co. boosted its stake in shares of iShares Morningstar Value ETF (NYSEARCA:ILCV) by 117.5% in the fourth quarter, HoldingsChannel reports. The firm owned 251,329 shares of the company’s stock after purchasing an additional 135,785 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in iShares Morningstar Value ETF were worth $23,715,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently modified their holdings of ILCV. Integrated Wealth Concepts LLC bought a new stake in shares of iShares Morningstar Value ETF in the first quarter valued at about $605,000. Jones Financial Companies Lllp boosted its position in shares of iShares Morningstar Value ETF by 578.4% in the first quarter. Jones Financial Companies Lllp now owns 3,392 shares of the company’s stock valued at $276,000 after acquiring an additional 2,892 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of iShares Morningstar Value ETF by 509.3% in the first quarter. Goldman Sachs Group Inc. now owns 21,520 shares of the company’s stock valued at $1,753,000 after acquiring an additional 17,988 shares during the period. Creative Planning boosted its position in shares of iShares Morningstar Value ETF by 9.7% in the second quarter. Creative Planning now owns 5,105 shares of the company’s stock valued at $426,000 after acquiring an additional 453 shares during the period. Finally, Raymond James Financial Inc. boosted its position in shares of iShares Morningstar Value ETF by 2.0% in the second quarter. Raymond James Financial Inc. now owns 410,991 shares of the company’s stock valued at $34,273,000 after acquiring an additional 7,955 shares during the period.

iShares Morningstar Value ETF Stock Performance

Shares of iShares Morningstar Value ETF stock opened at $101.90 on Monday. The firm has a 50-day moving average of $97.28 and a 200-day moving average of $96.05. The stock 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 52-week low of $80.15 and a 52-week high of $102.16.

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.