iShares Morningstar Value ETF (NYSEARCA:ILCV) Sets New 52-Week High – Should You Buy?

Shares of iShares Morningstar Value ETF (NYSEARCA:ILCV) reached a new 52-week high during trading on Friday . The company traded as high as $102.32 and last traded at $102.03, with a volume of 4526 shares traded. The stock had previously closed at $102.27.

iShares Morningstar Value ETF Stock Performance

The stock has a market capitalization of $1.27 billion, a PE ratio of 19.33 and a beta of 0.81. The stock’s 50-day moving average is $98.01 and its 200 day moving average is $96.30.

Institutional Investors Weigh In On iShares Morningstar Value ETF

Several hedge funds have recently modified their holdings of the business. TSA Wealth Managment LLC increased its position in iShares Morningstar Value ETF by 4.6% during the 4th quarter. TSA Wealth Managment LLC now owns 2,585 shares of the company’s stock worth $244,000 after buying an additional 114 shares during the period. Mariner LLC raised its position in shares of iShares Morningstar Value ETF by 0.3% during the third quarter. Mariner LLC now owns 37,590 shares of the company’s stock worth $3,384,000 after acquiring an additional 115 shares during the last quarter. Madison Wealth Partners Inc boosted its holdings in iShares Morningstar Value ETF by 0.4% during the third quarter. Madison Wealth Partners Inc now owns 34,392 shares of the company’s stock worth $3,096,000 after purchasing an additional 125 shares during the last quarter. Stratos Wealth Partners LTD. increased its holdings in shares of iShares Morningstar Value ETF by 1.9% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 8,063 shares of the company’s stock worth $726,000 after purchasing an additional 153 shares in the last quarter. Finally, IFP Advisors Inc lifted its position in 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 purchasing an additional 160 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.