Ellis Investment Partners LLC Sells 300 Shares of iShares Morningstar Value ETF (NYSEARCA:ILCV)

Ellis Investment Partners LLC trimmed its holdings in shares of iShares Morningstar Value ETF (NYSEARCA:ILCV) by 1.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,606 shares of the company’s stock after selling 300 shares during the quarter. Ellis Investment Partners LLC owned 0.13% of iShares Morningstar Value ETF worth $1,264,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Kestra Private Wealth Services LLC lifted its position in shares of iShares Morningstar Value ETF by 1.5% in the 4th quarter. Kestra Private Wealth Services LLC now owns 8,943 shares of the company’s stock worth $724,000 after purchasing an additional 128 shares during the period. Barrett & Company Inc. lifted its position in shares of iShares Morningstar Value ETF by 2.5% in the 4th quarter. Barrett & Company Inc. now owns 98,727 shares of the company’s stock worth $7,995,000 after purchasing an additional 2,376 shares during the period. Avid Wealth Partners LLC acquired a new position in shares of iShares Morningstar Value ETF in the 4th quarter worth approximately $257,000. Stratos Wealth Partners LTD. acquired a new position in shares of iShares Morningstar Value ETF in the 4th quarter worth approximately $230,000. Finally, Means Investment CO. Inc. acquired a new position in shares of iShares Morningstar Value ETF in the 4th quarter worth approximately $425,000.

iShares Morningstar Value ETF Stock Performance

Shares of NYSEARCA ILCV opened at $84.49 on Friday. The company has a market capitalization of $1.03 billion, a P/E ratio of 18.53 and a beta of 0.76. iShares Morningstar Value ETF has a 52-week low of $72.30 and a 52-week high of $85.63. The company’s 50 day moving average price is $82.62 and its 200-day moving average price is $81.93.

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.