International Assets Investment Management LLC purchased a new stake in shares of iShares Morningstar Value ETF (NYSEARCA:ILCV – Free Report) in the third quarter, HoldingsChannel.com reports. The institutional investor purchased 16,901 shares of the company’s stock, valued at approximately $1,780,000.
Several other hedge funds have also bought and sold shares of the business. PNC Financial Services Group Inc. boosted its stake in iShares Morningstar Value ETF by 212.2% during the first quarter. PNC Financial Services Group Inc. now owns 306 shares of the company’s stock worth $29,000 after acquiring an additional 208 shares in the last quarter. City State Bank bought a new position in shares of iShares Morningstar Value ETF during the third quarter valued at approximately $70,000. Mascoma Wealth Management LLC bought a new position in shares of iShares Morningstar Value ETF during the third quarter valued at approximately $83,000. IFP Advisors Inc bought a new position in shares of iShares Morningstar Value ETF during the third quarter valued at approximately $87,000. Finally, Firethorn Wealth Partners LLC purchased a new position in shares of iShares Morningstar Value ETF during the third quarter valued at approximately $210,000.
iShares Morningstar Value ETF Stock Performance
ILCV stock opened at $108.92 on Wednesday. The firm has a 50 day moving average price of $107.91 and a 200-day moving average price of $101.72. iShares Morningstar Value ETF has a 52-week low of $90.21 and a 52-week high of $110.06. The firm has a market capitalization of $1.37 billion, a price-to-earnings ratio of 19.33 and a beta of 0.80.
About iShares Morningstar Value ETF
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.
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Want to see what other hedge funds are holding ILCV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Morningstar Value ETF (NYSEARCA:ILCV – Free Report).
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