iShares Morningstar Value ETF (NYSEARCA:ILCV) Shares Pass Above Fifty Day Moving Average – What’s Next?

iShares Morningstar Value ETF (NYSEARCA:ILCVGet Free Report) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $83.04 and traded as high as $84.87. iShares Morningstar Value ETF shares last traded at $84.50, with a volume of 14,435 shares traded.

iShares Morningstar Value ETF Stock Performance

The stock has a 50-day moving average price of $83.04 and a two-hundred day moving average price of $79.82. The stock has a market capitalization of $1.03 billion, a PE ratio of 18.53 and a beta of 0.76.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of ILCV. Creative Financial Designs Inc. ADV increased its holdings in iShares Morningstar Value ETF by 86.4% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 917 shares of the company’s stock valued at $75,000 after acquiring an additional 425 shares during the last quarter. OneDigital Investment Advisors LLC purchased a new position in iShares Morningstar Value ETF during the 3rd quarter valued at approximately $238,000. Wedbush Securities Inc. grew its holdings in iShares Morningstar Value ETF by 24.9% during the 2nd quarter. Wedbush Securities Inc. now owns 3,346 shares of the company’s stock valued at $255,000 after buying an additional 666 shares in the last quarter. Willis Johnson & Associates Inc. bought a new stake in iShares Morningstar Value ETF in the 2nd quarter worth approximately $290,000. Finally, Proactive Wealth Strategies LLC bought a new position in shares of iShares Morningstar Value ETF during the 3rd quarter valued at approximately $356,000.

iShares Morningstar Value ETF Company Profile

(Get Free Report)

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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