iShares Morningstar Value ETF (NYSEARCA:ILCV) Sets New 1-Year High – Time to Buy?

iShares Morningstar Value ETF (NYSEARCA:ILCV) shares hit a new 52-week high on Friday . The stock traded as high as $102.32 and last traded at $102.03, with a volume of 4526 shares traded. The stock had previously closed at $102.27.

iShares Morningstar Value ETF Stock Performance

The firm has a 50-day simple moving average of $98.01 and a two-hundred day simple moving average of $96.30. The company has a market capitalization of $1.27 billion, a price-to-earnings ratio of 19.33 and a beta of 0.81.

Institutional Trading of iShares Morningstar Value ETF

A number of institutional investors have recently made changes to their positions in ILCV. Security Financial Services INC. increased its holdings in shares of iShares Morningstar Value ETF by 87.8% during the first quarter. Security Financial Services INC. now owns 5,607 shares of the company’s stock valued at $522,000 after acquiring an additional 2,621 shares in the last quarter. Ashton Thomas Securities LLC acquired a new stake in iShares Morningstar Value ETF in the first quarter valued at approximately $2,630,000. Arkadios Wealth Advisors acquired a new stake in shares of iShares Morningstar Value ETF during the 1st quarter worth about $447,000. Royal Bank of Canada increased its holdings in iShares Morningstar Value ETF by 1.3% during the 1st quarter. Royal Bank of Canada now owns 217,765 shares of the company’s stock worth $20,282,000 after purchasing an additional 2,706 shares during the period. Finally, Gateway Wealth Partners LLC purchased a new stake in iShares Morningstar Value ETF during the first quarter worth approximately $293,000.

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.