Steele Capital Management Inc. Sells 39,416 Shares of iShares Morningstar Value ETF $ILCV

Steele Capital Management Inc. cut its holdings in shares of iShares Morningstar Value ETF (NYSEARCA:ILCV) by 5.6% in the 3rd quarter, HoldingsChannel reports. The fund owned 663,259 shares of the company’s stock after selling 39,416 shares during the period. iShares Morningstar Value ETF makes up approximately 2.6% of Steele Capital Management Inc.’s investment portfolio, making the stock its 14th biggest holding. Steele Capital Management Inc. owned about 0.05% of iShares Morningstar Value ETF worth $59,707,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Twin Peaks Wealth Advisors LLC acquired a new position in iShares Morningstar Value ETF during the 2nd quarter valued at about $46,000. B. Riley Wealth Advisors Inc. purchased a new stake in shares of iShares Morningstar Value ETF in the second quarter worth approximately $210,000. SMI Advisory Services LLC bought a new position in shares of iShares Morningstar Value ETF in the third quarter valued at approximately $214,000. Kingsview Wealth Management LLC purchased a new position in shares of iShares Morningstar Value ETF during the second quarter valued at approximately $231,000. Finally, EP Wealth Advisors LLC purchased a new position in shares of iShares Morningstar Value ETF during the second quarter valued at approximately $245,000.

iShares Morningstar Value ETF Trading Up 0.5%

Shares of iShares Morningstar Value ETF stock opened at $96.43 on Friday. The company has a market capitalization of $1.22 billion, a P/E ratio of 19.33 and a beta of 0.88. The stock has a fifty day simple moving average of $93.90 and a 200 day simple moving average of $89.59. iShares Morningstar Value ETF has a 12-month low of $70.58 and a 12-month high of $96.52.

iShares Morningstar Value ETF Company 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.