Steele Capital Management Inc. Has $59.71 Million Position in iShares Morningstar Value ETF $ILCV

Steele Capital Management Inc. lessened its holdings in iShares Morningstar Value ETF (NYSEARCA:ILCV) by 5.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 663,259 shares of the company’s stock after selling 39,416 shares during the quarter. iShares Morningstar Value ETF makes up approximately 2.6% of Steele Capital Management Inc.’s investment portfolio, making the stock its 14th largest position. Steele Capital Management Inc. owned 5.39% of iShares Morningstar Value ETF worth $59,707,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new position in iShares Morningstar Value ETF in the 3rd quarter valued at approximately $358,000. Apex Wealth Management LLC grew its stake in shares of iShares Morningstar Value ETF by 0.5% in the third quarter. Apex Wealth Management LLC now owns 50,737 shares of the company’s stock worth $4,567,000 after purchasing an additional 228 shares during the last quarter. HB Wealth Management LLC increased its holdings in iShares Morningstar Value ETF by 5.4% in the third quarter. HB Wealth Management LLC now owns 10,674 shares of the company’s stock valued at $961,000 after purchasing an additional 550 shares during the period. Strategic Blueprint LLC bought a new position in iShares Morningstar Value ETF during the 3rd quarter worth $2,446,000. Finally, Cedar Point Capital Partners LLC raised its position in iShares Morningstar Value ETF by 2.0% during the 3rd quarter. Cedar Point Capital Partners LLC now owns 8,948 shares of the company’s stock worth $806,000 after purchasing an additional 172 shares during the last quarter.

iShares Morningstar Value ETF Trading Up 0.5%

Shares of ILCV opened at $96.43 on Friday. The stock’s 50-day moving average price is $93.90 and its two-hundred day moving average price is $89.59. iShares Morningstar Value ETF has a 12 month low of $70.58 and a 12 month high of $96.52. The company has a market capitalization of $1.22 billion, a PE ratio of 19.33 and a beta of 0.88.

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.