iShares Morningstar Value ETF (NYSEARCA:ILCV) Sees Strong Trading Volume – Here’s What Happened

iShares Morningstar Value ETF (NYSEARCA:ILCV) shares saw strong trading volume on Tuesday . 68,459 shares were traded during trading, an increase of 19% from the previous session’s volume of 57,527 shares.The stock last traded at $96.6790 and had previously closed at $97.11.

iShares Morningstar Value ETF Stock Down 0.1%

The firm has a 50 day simple moving average of $95.87 and a two-hundred day simple moving average of $91.93. The stock has a market capitalization of $1.19 billion, a P/E ratio of 19.33 and a beta of 0.88.

Institutional Investors Weigh In On iShares Morningstar Value ETF

Hedge funds have recently made changes to their positions in the stock. Integrated Wealth Concepts LLC bought a new position in iShares Morningstar Value ETF in the 1st quarter valued at approximately $605,000. Jones Financial Companies Lllp increased its holdings in shares of iShares Morningstar Value ETF by 578.4% during the first quarter. Jones Financial Companies Lllp now owns 3,392 shares of the company’s stock worth $276,000 after buying an additional 2,892 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of iShares Morningstar Value ETF by 509.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 21,520 shares of the company’s stock valued at $1,753,000 after acquiring an additional 17,988 shares during the last quarter. CWM LLC boosted its holdings in shares of iShares Morningstar Value ETF by 0.7% during the 2nd quarter. CWM LLC now owns 23,383 shares of the company’s stock valued at $1,950,000 after acquiring an additional 170 shares in the last quarter. Finally, Stratos Wealth Partners LTD. boosted its holdings in shares of iShares Morningstar Value ETF by 184.2% during the 2nd quarter. Stratos Wealth Partners LTD. now owns 7,910 shares of the company’s stock valued at $660,000 after acquiring an additional 5,127 shares in the last quarter.

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.