iShares Morningstar Value ETF (NYSEARCA:ILCV) Sets New 1-Year High – Should You Buy?

iShares Morningstar Value ETF (NYSEARCA:ILCV) reached a new 52-week high during mid-day trading on Thursday. The stock traded as high as $109.79 and last traded at $109.79, with a volume of 37,954 shares trading hands. The stock had previously closed at $109.62.

iShares Morningstar Value ETF Stock Down 0.6%

The stock has a market cap of $1.37 billion, a P/E ratio of 19.33 and a beta of 0.81. The company has a 50-day simple moving average of $107.72 and a two-hundred day simple moving average of $103.68.

Institutional Trading of iShares Morningstar Value ETF

Several large investors have recently added to or reduced their stakes in ILCV. PNC Financial Services Group Inc. boosted its stake in iShares Morningstar Value ETF by 212.2% during the first quarter. PNC Financial Services Group Inc. now owns 306 shares of the company’s stock worth $29,000 after acquiring an additional 208 shares in the last quarter. City State Bank purchased a new stake in shares of iShares Morningstar Value ETF in the third quarter worth $70,000. Mascoma Wealth Management LLC bought a new position in shares of iShares Morningstar Value ETF during the third quarter valued at $83,000. IFP Advisors Inc purchased a new position in iShares Morningstar Value ETF in the third quarter worth about $87,000. Finally, Firethorn Wealth Partners LLC bought a new stake in shares of iShares Morningstar Value ETF during the third quarter valued at approximately $210,000.

iShares Morningstar Value ETF Company Profile

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.