Goelzer Investment Management Inc. Makes New $1.15 Million Investment in iShares Morningstar Value ETF $ILCV

Goelzer Investment Management Inc. acquired a new stake in shares of iShares Morningstar Value ETF (NYSEARCA:ILCV) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 10,764 shares of the company’s stock, valued at approximately $1,147,000. Goelzer Investment Management Inc. owned approximately 0.09% 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. PNC Financial Services Group Inc. raised its holdings in iShares Morningstar Value ETF by 212.2% during the 1st quarter. PNC Financial Services Group Inc. now owns 306 shares of the company’s stock worth $29,000 after purchasing an additional 208 shares during the last quarter. Firethorn Wealth Partners LLC bought a new stake in shares of iShares Morningstar Value ETF during the third quarter worth $210,000. Diversify Wealth Management LLC bought a new position in shares of iShares Morningstar Value ETF during the first quarter worth about $217,000. Legacy Private Trust Co. bought a new position in iShares Morningstar Value ETF in the third quarter valued at $245,000. Finally, Avid Wealth Partners LLC bought a new position in shares of iShares Morningstar Value ETF during the 1st quarter worth approximately $223,000.

iShares Morningstar Value ETF Price Performance

ILCV stock opened at $108.81 on Friday. iShares Morningstar Value ETF has a one year low of $89.29 and a one year high of $109.71. The stock has a market cap of $1.37 billion, a price-to-earnings ratio of 19.33 and a beta of 0.81. The company has a fifty day moving average price of $107.58 and a two-hundred day moving average price of $103.10.

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.