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

iShares Morningstar Value ETF (NYSEARCA:ILCV) hit a new 52-week high during mid-day trading on Wednesday. The stock traded as high as $111.17 and last traded at $111.3540, with a volume of 1,189 shares changing hands. The stock had previously closed at $108.92.

iShares Morningstar Value ETF Price Performance

The business’s 50 day moving average price is $107.91 and its 200 day moving average price is $101.72. The firm has a market cap of $1.40 billion, a PE ratio of 19.33 and a beta of 0.80.

Hedge Funds Weigh In On iShares Morningstar Value ETF

A number of hedge funds have recently made changes to their positions in the company. Citizens Financial Group Inc. RI purchased a new position in shares of iShares Morningstar Value ETF in the third quarter valued at approximately $1,210,000. ANB Bank acquired a new position in iShares Morningstar Value ETF in the 3rd quarter valued at $1,291,000. Northwest Wealth Advisors LLC raised its stake in iShares Morningstar Value ETF by 18.3% in the 1st quarter. Northwest Wealth Advisors LLC now owns 154,510 shares of the company’s stock valued at $14,391,000 after purchasing an additional 23,950 shares during the last quarter. Novem Group purchased a new position in iShares Morningstar Value ETF in the 3rd quarter valued at $610,000. Finally, Barrett & Company Inc. purchased a new position in iShares Morningstar Value ETF in the 3rd quarter valued at $9,915,000.

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.