Ellis Investment Partners LLC Purchases 14,753 Shares of iShares Morningstar Value ETF $ILCV

Ellis Investment Partners LLC purchased a new position in shares of iShares Morningstar Value ETF (NYSEARCA:ILCV) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 14,753 shares of the company’s stock, valued at approximately $1,554,000. Ellis Investment Partners LLC owned approximately 0.12% of iShares Morningstar Value ETF at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in ILCV. City State Bank bought a new position in iShares Morningstar Value ETF during the 3rd quarter worth $70,000. Diversify Advisory Services LLC bought a new stake in shares of iShares Morningstar Value ETF during the 3rd quarter worth $237,000. Prime Capital Investment Advisors LLC bought a new stake in shares of iShares Morningstar Value ETF during the 3rd quarter valued at approximately $3,447,000. CFS Investment Advisory Services LLC acquired a new stake in shares of iShares Morningstar Value ETF during the 3rd quarter valued at $294,000. Finally, Novem Group bought a new stake in shares of iShares Morningstar Value ETF during the third quarter worth about $610,000.

iShares Morningstar Value ETF Stock Performance

Shares of ILCV stock traded up $0.14 on Wednesday, hitting $109.59. The company had a trading volume of 4,756 shares, compared to its average volume of 35,111. iShares Morningstar Value ETF has a twelve month low of $90.17 and a twelve month high of $109.71. The stock’s 50-day moving average is $107.62 and its two-hundred day moving average is $103.41. The firm has a market cap of $1.38 billion, a P/E ratio of 19.33 and a beta of 0.81.

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.