iShares Morningstar Value ETF (NYSEARCA:ILCV) Hits New 12-Month High – What’s Next?

iShares Morningstar Value ETF (NYSEARCA:ILCV) shares reached a new 52-week high on Thursday. The company traded as high as $109.95 and last traded at $109.7240, with a volume of 4,691 shares. The stock had previously closed at $109.52.

iShares Morningstar Value ETF Trading Down 0.4%

The firm has a market capitalization 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 $107.88 and a 200-day moving average price of $101.59.

Institutional Trading of iShares Morningstar Value ETF

Institutional investors have recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. boosted its stake in shares of 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 acquiring an additional 208 shares in the last quarter. City State Bank acquired a new position in shares of iShares Morningstar Value ETF during the 3rd quarter valued at about $70,000. Mascoma Wealth Management LLC acquired a new position in shares of iShares Morningstar Value ETF during the 3rd quarter valued at about $83,000. IFP Advisors Inc bought a new position in shares of iShares Morningstar Value ETF in the 3rd quarter valued at approximately $87,000. Finally, Firethorn Wealth Partners LLC bought a new position in shares of iShares Morningstar Value ETF in the 3rd quarter valued at approximately $210,000.

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.