iShares Morningstar Value ETF (NYSEARCA:ILCV) Reaches New 12-Month High – What’s Next?

iShares Morningstar Value ETF (NYSEARCA:ILCV) reached a new 52-week high during trading on Monday . The company traded as high as $92.40 and last traded at $92.18, with a volume of 3097 shares trading hands. The stock had previously closed at $91.75.

iShares Morningstar Value ETF Stock Up 0.7%

The company has a market capitalization of $1.14 billion, a price-to-earnings ratio of 19.33 and a beta of 0.88. The stock has a 50 day simple moving average of $89.99 and a 200 day simple moving average of $85.38.

Institutional Trading of iShares Morningstar Value ETF

Institutional investors have recently made changes to their positions in the stock. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of iShares Morningstar Value ETF in the second quarter worth about $46,000. Root Financial Partners LLC acquired a new stake in shares of iShares Morningstar Value ETF during the 3rd quarter worth approximately $84,000. Jones Financial Companies Lllp grew its holdings in shares of iShares Morningstar Value ETF by 92.0% in the 3rd quarter. Jones Financial Companies Lllp now owns 966 shares of the company’s stock valued at $87,000 after buying an additional 463 shares during the period. Chilton Capital Management LLC acquired a new position in iShares Morningstar Value ETF in the 3rd quarter worth $126,000. Finally, LRI Investments LLC lifted its position in shares of iShares Morningstar Value ETF by 16.6% in the first quarter. LRI Investments LLC now owns 1,866 shares of the company’s stock worth $152,000 after purchasing an additional 266 shares in the last quarter.

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.