Courage Miller Partners LLC Trims Stake in iShares Morningstar Value ETF (NYSEARCA:ILCV)

Courage Miller Partners LLC decreased its stake in iShares Morningstar Value ETF (NYSEARCA:ILCV) by 8.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,664 shares of the company’s stock after selling 404 shares during the quarter. Courage Miller Partners LLC’s holdings in iShares Morningstar Value ETF were worth $383,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cetera Investment Advisers grew its position in shares of iShares Morningstar Value ETF by 945.4% during the first quarter. Cetera Investment Advisers now owns 61,711 shares of the company’s stock worth $4,743,000 after purchasing an additional 55,808 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in shares of iShares Morningstar Value ETF in the second quarter worth $1,919,000. Lauer Wealth LLC boosted its position in shares of iShares Morningstar Value ETF by 9.2% during the second quarter. Lauer Wealth LLC now owns 124,328 shares of the company’s stock worth $9,684,000 after acquiring an additional 10,471 shares during the last quarter. Mather Group LLC. grew its stake in iShares Morningstar Value ETF by 25.0% during the second quarter. Mather Group LLC. now owns 47,070 shares of the company’s stock valued at $3,618,000 after acquiring an additional 9,403 shares in the last quarter. Finally, Diversify Advisory Services LLC bought a new stake in iShares Morningstar Value ETF in the 1st quarter valued at $619,000.

iShares Morningstar Value ETF Stock Performance

Shares of ILCV traded down $0.63 during midday trading on Monday, hitting $82.89. 12,503 shares of the company traded hands, compared to its average volume of 24,671. iShares Morningstar Value ETF has a 52 week low of $61.50 and a 52 week high of $83.71. The firm has a 50 day moving average of $80.95 and a 200-day moving average of $77.89. The stock has a market cap of $1.01 billion, a price-to-earnings ratio of 18.53 and a beta of 0.76.

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.