Systelligence LLC Makes New Investment in iShares Morningstar Value ETF $ILCV

Systelligence LLC bought a new position in shares of iShares Morningstar Value ETF (NYSEARCA:ILCV) during the 1st quarter, Holdings Channel reports. The firm bought 122,186 shares of the company’s stock, valued at approximately $11,380,000. iShares Morningstar Value ETF accounts for about 2.2% of Systelligence LLC’s investment portfolio, making the stock its 19th largest holding.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Equitable Holdings Inc. raised its holdings in shares of iShares Morningstar Value ETF by 2.9% in the second quarter. Equitable Holdings Inc. now owns 904,531 shares of the company’s stock valued at $75,429,000 after buying an additional 25,171 shares during the last quarter. Bank of America Corp DE grew its holdings in iShares Morningstar Value ETF by 1.7% during the 3rd quarter. Bank of America Corp DE now owns 825,721 shares of the company’s stock worth $74,331,000 after acquiring an additional 13,548 shares during the last quarter. Steele Capital Management Inc. grew its holdings in iShares Morningstar Value ETF by 1.0% during the 4th quarter. Steele Capital Management Inc. now owns 670,081 shares of the company’s stock worth $63,229,000 after acquiring an additional 6,822 shares during the last quarter. Matrix Trust Co grew its holdings in iShares Morningstar Value ETF by 0.8% during the 4th quarter. Matrix Trust Co now owns 666,393 shares of the company’s stock worth $62,881,000 after acquiring an additional 5,283 shares during the last quarter. Finally, UBS Group AG increased its position in iShares Morningstar Value ETF by 7.9% in the 3rd quarter. UBS Group AG now owns 536,027 shares of the company’s stock valued at $48,253,000 after acquiring an additional 39,138 shares in the last quarter.

iShares Morningstar Value ETF Trading Up 0.5%

Shares of NYSEARCA ILCV opened at $100.90 on Friday. iShares Morningstar Value ETF has a 1-year low of $82.54 and a 1-year high of $102.60. The company has a market cap of $1.26 billion, a PE ratio of 19.33 and a beta of 0.81. The company has a 50-day moving average of $100.23 and a two-hundred day moving average of $97.15.

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.