Northwest Wealth Advisors LLC Has $14.39 Million Stake in iShares Morningstar Value ETF $ILCV

Northwest Wealth Advisors LLC grew its stake in iShares Morningstar Value ETF (NYSEARCA:ILCV) by 18.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 154,510 shares of the company’s stock after buying an additional 23,950 shares during the quarter. iShares Morningstar Value ETF makes up 10.3% of Northwest Wealth Advisors LLC’s portfolio, making the stock its 2nd biggest holding. Northwest Wealth Advisors LLC owned 1.24% of iShares Morningstar Value ETF worth $14,391,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. IFP Advisors Inc grew its stake in shares of iShares Morningstar Value ETF by 75.1% during the 4th quarter. IFP Advisors Inc now owns 373 shares of the company’s stock valued at $35,000 after acquiring an additional 160 shares during the period. Silicon Valley Capital Partners purchased a new stake in iShares Morningstar Value ETF in the 3rd quarter worth approximately $51,000. Capital Investment Advisory Services LLC bought a new stake in iShares Morningstar Value ETF during the 4th quarter worth approximately $66,000. Advisory Services Network LLC bought a new stake in iShares Morningstar Value ETF during the 3rd quarter worth approximately $97,000. Finally, Arax Advisory Partners purchased a new position in iShares Morningstar Value ETF during the fourth quarter valued at approximately $126,000.

iShares Morningstar Value ETF Stock Up 0.5%

NYSEARCA:ILCV traded up $0.49 during trading hours on Tuesday, hitting $104.05. 4,790 shares of the stock traded hands, compared to its average volume of 41,861. The company has a market cap of $1.30 billion, a price-to-earnings ratio of 19.33 and a beta of 0.81. iShares Morningstar Value ETF has a 1 year low of $82.62 and a 1 year high of $104.43. The stock has a 50 day moving average price of $100.81 and a 200 day moving average price of $97.48.

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.