LPL Financial LLC Acquires 55,560 Shares of iShares Morningstar Value ETF (NYSEARCA:ILCV)

LPL Financial LLC increased its holdings in iShares Morningstar Value ETF (NYSEARCA:ILCV) by 13.8% during the fourth quarter, HoldingsChannel reports. The fund owned 458,437 shares of the company’s stock after acquiring an additional 55,560 shares during the quarter. LPL Financial LLC’s holdings in iShares Morningstar Value ETF were worth $37,124,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Mascoma Wealth Management LLC bought a new stake in iShares Morningstar Value ETF during the fourth quarter worth $64,000. Halbert Hargrove Global Advisors LLC purchased a new position in iShares Morningstar Value ETF during the 4th quarter worth $71,000. Aspect Partners LLC bought a new stake in shares of iShares Morningstar Value ETF in the 4th quarter worth $103,000. Addison Advisors LLC purchased a new stake in shares of iShares Morningstar Value ETF in the fourth quarter valued at about $108,000. Finally, Flagship Wealth Advisors LLC bought a new position in shares of iShares Morningstar Value ETF during the fourth quarter valued at about $121,000.

iShares Morningstar Value ETF Stock Down 1.5 %

iShares Morningstar Value ETF stock opened at $80.57 on Friday. iShares Morningstar Value ETF has a 52 week low of $72.83 and a 52 week high of $85.63. The company’s 50 day moving average price is $83.03 and its two-hundred day moving average price is $82.63. The stock has a market cap of $970.87 million, a P/E ratio of 20.11 and a beta of 0.92.

iShares Morningstar Value ETF 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.