Diversify Advisory Services LLC Acquires New Position in iShares Morningstar Value ETF (NYSEARCA:ILCV)

Diversify Advisory Services LLC acquired a new stake in iShares Morningstar Value ETF (NYSEARCA:ILCV) in the first quarter, Holdings Channel reports. The firm acquired 8,079 shares of the company’s stock, valued at approximately $619,000.

A number of other institutional investors have also recently made changes to their positions in ILCV. Modera Wealth Management LLC acquired a new position in shares of iShares Morningstar Value ETF in the third quarter valued at approximately $195,000. Lido Advisors LLC acquired a new position in iShares Morningstar Value ETF during the 3rd quarter worth approximately $289,000. Harbor Investment Advisory LLC acquired a new position in iShares Morningstar Value ETF during the 4th quarter worth approximately $300,000. Simplicity Wealth LLC acquired a new position in iShares Morningstar Value ETF during the 1st quarter worth approximately $311,000. Finally, Woodard & Co. Asset Management Group Inc. ADV grew its holdings in iShares Morningstar Value ETF by 89.1% during the 4th quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 5,899 shares of the company’s stock worth $417,000 after acquiring an additional 2,779 shares in the last quarter.

iShares Morningstar Value ETF Stock Up 0.4 %

NYSEARCA ILCV traded up $0.27 on Friday, hitting $76.87. 11,361 shares of the stock were exchanged, compared to its average volume of 26,441. iShares Morningstar Value ETF has a fifty-two week low of $61.50 and a fifty-two week high of $77.33. The company has a market cap of $934.01 million, a PE ratio of 18.53 and a beta of 0.76. The company has a 50-day moving average price of $75.97 and a 200-day moving average price of $74.03.

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.