iShares Morningstar Value ETF (NYSEARCA:ILCV) Reaches New 1-Year High – Should You Buy?

iShares Morningstar Value ETF (NYSEARCA:ILCV)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $83.74 and last traded at $83.70, with a volume of 275337 shares. The stock had previously closed at $81.77.

iShares Morningstar Value ETF Stock Up 2.4 %

The company has a market cap of $1.02 billion, a P/E ratio of 18.53 and a beta of 0.76. The firm has a 50 day moving average of $81.58 and a 200-day moving average of $78.52.

Institutional Trading of iShares Morningstar Value ETF

A number of institutional investors have recently modified their holdings of the company. Horst & Graben Wealth Management LLC raised its position in iShares Morningstar Value ETF by 2.0% during the 3rd quarter. Horst & Graben Wealth Management LLC now owns 7,291 shares of the company’s stock worth $599,000 after buying an additional 143 shares during the last quarter. Woodard & Co. Asset Management Group Inc. ADV raised its position in iShares Morningstar Value ETF by 3.3% during the 3rd quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 6,150 shares of the company’s stock worth $506,000 after buying an additional 195 shares during the last quarter. Cedar Point Capital Partners LLC raised its position in iShares Morningstar Value ETF by 3.2% during the 2nd quarter. Cedar Point Capital Partners LLC now owns 9,636 shares of the company’s stock worth $735,000 after buying an additional 297 shares during the last quarter. B. Riley Wealth Advisors Inc. increased its holdings in shares of iShares Morningstar Value ETF by 8.7% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 4,841 shares of the company’s stock valued at $369,000 after purchasing an additional 386 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV increased its holdings in shares of iShares Morningstar Value ETF by 86.4% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 917 shares of the company’s stock valued at $75,000 after purchasing an additional 425 shares in the last quarter.

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.