Saxon Interests Inc. Takes $797,000 Position in iShares Morningstar Value ETF (NYSEARCA:ILCV)

Saxon Interests Inc. purchased a new stake in iShares Morningstar Value ETF (NYSEARCA:ILCV) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 11,283 shares of the company’s stock, valued at approximately $797,000. Saxon Interests Inc. owned approximately 0.09% of iShares Morningstar Value ETF at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. ST Germain D J Co. Inc. acquired a new position in shares of iShares Morningstar Value ETF in the 2nd quarter worth approximately $32,000. Money Concepts Capital Corp bought a new stake in shares of iShares Morningstar Value ETF in the 4th quarter valued at $39,000. Modera Wealth Management LLC bought a new stake in shares of iShares Morningstar Value ETF in the 3rd quarter valued at $195,000. Woodard & Co. Asset Management Group Inc. ADV bought a new stake in shares of iShares Morningstar Value ETF in the 3rd quarter valued at $202,000. Finally, Capital Investment Advisors LLC bought a new stake in iShares Morningstar Value ETF during the 3rd quarter valued at $229,000.

iShares Morningstar Value ETF Stock Up 0.3 %

ILCV stock traded up $0.25 during midday trading on Friday, reaching $76.86. 36,458 shares of the company’s stock traded hands, compared to its average volume of 32,078. The company has a market cap of $926.16 million, a price-to-earnings ratio of 16.67 and a beta of 0.91. The firm’s fifty day moving average price is $73.44 and its 200-day moving average price is $69.17. iShares Morningstar Value ETF has a 52 week low of $61.50 and a 52 week high of $76.98.

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.