iShares Morningstar Value ETF (NYSEARCA:ILCV) Reaches New 1-Year High – What’s Next?

iShares Morningstar Value ETF (NYSEARCA:ILCV)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $88.04 and last traded at $86.93, with a volume of 23159 shares traded. The stock had previously closed at $87.78.

iShares Morningstar Value ETF Stock Up 0.6%

The firm has a market capitalization of $1.10 billion, a P/E ratio of 19.33 and a beta of 0.91. The stock has a fifty day moving average of $85.28 and a 200-day moving average of $82.04.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Orion Porfolio Solutions LLC boosted its position in iShares Morningstar Value ETF by 3.3% during the second quarter. Orion Porfolio Solutions LLC now owns 15,783 shares of the company’s stock valued at $1,316,000 after purchasing an additional 500 shares during the last quarter. B. Riley Wealth Advisors Inc. acquired a new position in iShares Morningstar Value ETF during the second quarter valued at approximately $210,000. Tower Research Capital LLC TRC boosted its position in iShares Morningstar Value ETF by 316.4% during the second quarter. Tower Research Capital LLC TRC now owns 4,601 shares of the company’s stock valued at $384,000 after purchasing an additional 3,496 shares during the last quarter. Equitable Holdings Inc. boosted its position in iShares Morningstar Value ETF by 2.9% during the second quarter. Equitable Holdings Inc. now owns 904,531 shares of the company’s stock valued at $75,429,000 after purchasing an additional 25,171 shares during the last quarter. Finally, Monograph Wealth Advisors LLC acquired a new position in iShares Morningstar Value ETF during the second quarter valued at approximately $743,000.

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.