Ipsen Advisor Group LLC Buys 34,532 Shares of iShares Morningstar Value ETF $ILCV

Ipsen Advisor Group LLC bought a new stake in iShares Morningstar Value ETF (NYSEARCA:ILCV) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 34,532 shares of the company’s stock, valued at approximately $3,638,000. iShares Morningstar Value ETF makes up about 2.5% of Ipsen Advisor Group LLC’s portfolio, making the stock its 12th largest holding.

Several other large investors have also recently added to or reduced their stakes in ILCV. Matrix Trust Co acquired a new stake in iShares Morningstar Value ETF in the third quarter valued at about $70,744,000. Royal Bank of Canada increased its position 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. Cetera Investment Advisers increased its position in iShares Morningstar Value ETF by 7.2% during the 1st 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 iShares Morningstar Value ETF by 18.3% during the 1st 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, Barrett & Company Inc. acquired a new position in iShares Morningstar Value ETF during the 3rd quarter worth approximately $9,915,000.

iShares Morningstar Value ETF Trading Down 0.4%

Shares of ILCV stock opened at $109.29 on Friday. The stock has a 50 day simple moving average of $107.88 and a 200-day simple moving average of $101.59. The company has a market cap of $1.37 billion, a price-to-earnings ratio of 19.33 and a beta of 0.81. iShares Morningstar Value ETF has a 12-month low of $90.21 and a 12-month high of $109.95.

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.