iShares Morningstar Value ETF (NYSEARCA:ILCV) Sets New 52-Week High – Here’s What Happened

iShares Morningstar Value ETF (NYSEARCA:ILCVGet Free Report)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $102.36 and last traded at $102.30, with a volume of 11439 shares changing hands. The stock had previously closed at $101.22.

iShares Morningstar Value ETF Stock Up 0.0%

The stock has a market cap of $1.28 billion, a price-to-earnings ratio of 19.33 and a beta of 0.81. The stock has a 50 day simple moving average of $99.38 and a 200 day simple moving average of $96.82.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. PNC Financial Services Group Inc. boosted its position in shares of 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 valued at $29,000 after buying an additional 208 shares during the last quarter. IFP Advisors Inc boosted its position in shares of iShares Morningstar Value ETF by 75.1% during the fourth quarter. IFP Advisors Inc now owns 373 shares of the company’s stock valued at $35,000 after buying an additional 160 shares during the last quarter. Silicon Valley Capital Partners purchased a new position in shares of iShares Morningstar Value ETF during the third quarter valued at approximately $51,000. Capital Investment Advisory Services LLC purchased a new position in shares of iShares Morningstar Value ETF during the fourth quarter valued at approximately $66,000. Finally, Caitlin John LLC purchased a new position in shares of iShares Morningstar Value ETF during the third quarter valued at approximately $72,000.

iShares Morningstar Value ETF Company Profile

(Get Free Report)

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.

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