NewEdge Advisors LLC Raises Holdings in iShares Morningstar Value ETF (NYSEARCA:ILCV)

NewEdge Advisors LLC lifted its position in shares of iShares Morningstar Value ETF (NYSEARCA:ILCV) by 2.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,320 shares of the company’s stock after purchasing an additional 164 shares during the quarter. NewEdge Advisors LLC’s holdings in iShares Morningstar Value ETF were worth $593,000 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. Mariner LLC raised its holdings in iShares Morningstar Value ETF by 0.8% in the 4th quarter. Mariner LLC now owns 33,969 shares of the company’s stock worth $2,751,000 after purchasing an additional 262 shares during the period. TME Financial Inc. purchased a new position in iShares Morningstar Value ETF in the 4th quarter worth approximately $260,000. Synovus Financial Corp purchased a new position in iShares Morningstar Value ETF during the fourth quarter worth approximately $718,000. Raymond James Financial Inc. purchased a new position in shares of iShares Morningstar Value ETF during the 4th quarter worth $32,251,000. Finally, Envestnet Asset Management Inc. raised its stake in iShares Morningstar Value ETF by 16.6% during the fourth quarter. Envestnet Asset Management Inc. now owns 71,672 shares of the company’s stock worth $5,804,000 after purchasing an additional 10,226 shares during the period.

iShares Morningstar Value ETF Stock Performance

ILCV opened at $78.08 on Monday. The stock has a market capitalization of $972.10 million, a PE ratio of 17.96 and a beta of 0.88. iShares Morningstar Value ETF has a one year low of $70.58 and a one year high of $85.63. The business’s 50 day moving average price is $79.89 and its 200 day moving average price is $81.92.

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.