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 during mid-day trading on Wednesday . The stock traded as high as $100.00 and last traded at $99.97, with a volume of 34286 shares. The stock had previously closed at $99.38.

iShares Morningstar Value ETF Price Performance

The firm has a market cap of $1.25 billion, a PE ratio of 19.33 and a beta of 0.81. The stock’s fifty day moving average price is $95.69 and its 200-day moving average price is $95.00.

Institutional Trading of iShares Morningstar Value ETF

Several large investors have recently bought and sold shares of the business. Asempa Wealth Advisors purchased a new stake in shares of iShares Morningstar Value ETF in the fourth quarter valued at approximately $1,686,000. Ashton Thomas Securities LLC purchased a new stake in iShares Morningstar Value ETF in the 3rd quarter valued at $2,568,000. Global View Capital Management LLC acquired a new stake in shares of iShares Morningstar Value ETF in the 4th quarter worth $2,678,000. Tandem Financial LLC acquired a new stake in shares of iShares Morningstar Value ETF in the 3rd quarter worth $5,909,000. Finally, Edge Financial Advisors LLC raised its holdings in shares of iShares Morningstar Value ETF by 200.2% during the 3rd quarter. Edge Financial Advisors LLC now owns 20,262 shares of the company’s stock worth $1,824,000 after acquiring an additional 13,512 shares during the period.

About iShares Morningstar Value ETF

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.