Goelzer Investment Management Inc. Makes New Investment in iShares Morningstar Value ETF $ILCV

Goelzer Investment Management Inc. acquired a new stake in iShares Morningstar Value ETF (NYSEARCA:ILCV) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 10,764 shares of the company’s stock, valued at approximately $1,147,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Matrix Trust Co bought a new stake in shares of iShares Morningstar Value ETF during the 3rd quarter valued at $70,744,000. Royal Bank of Canada grew its holdings in shares of 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 in the last quarter. Cetera Investment Advisers increased its position in shares of iShares Morningstar Value ETF by 7.2% in the first quarter. Cetera Investment Advisers now owns 197,023 shares of the company’s stock worth $18,351,000 after purchasing an additional 13,191 shares during the period. Northwest Wealth Advisors LLC increased its position in shares of iShares Morningstar Value ETF by 18.3% in the first quarter. Northwest Wealth Advisors LLC now owns 154,510 shares of the company’s stock worth $14,391,000 after purchasing an additional 23,950 shares during the period. Finally, Systelligence LLC bought a new position in shares of iShares Morningstar Value ETF in the first quarter worth $11,380,000.

iShares Morningstar Value ETF Stock Down 0.3%

ILCV stock opened at $108.81 on Friday. The company has a market cap of $1.37 billion, a PE ratio of 19.33 and a beta of 0.81. The business has a 50-day simple moving average of $107.58 and a 200 day simple moving average of $103.10. iShares Morningstar Value ETF has a 52 week low of $89.29 and a 52 week high of $109.71.

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.