iShares Morningstar Value ETF (NYSEARCA:ILCV) Stock Position Lifted by Cedar Point Capital Partners LLC

Cedar Point Capital Partners LLC lifted its stake in shares of iShares Morningstar Value ETF (NYSEARCA:ILCV) by 3.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,636 shares of the company’s stock after purchasing an additional 297 shares during the quarter. Cedar Point Capital Partners LLC owned about 0.08% of iShares Morningstar Value ETF worth $735,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. CWM LLC boosted its holdings in iShares Morningstar Value ETF by 6.7% during the fourth quarter. CWM LLC now owns 11,270 shares of the company’s stock worth $796,000 after buying an additional 709 shares in the last quarter. Corient Private Wealth LLC lifted its stake in shares of iShares Morningstar Value ETF by 0.9% in the fourth quarter. Corient Private Wealth LLC now owns 102,159 shares of the company’s stock worth $7,214,000 after buying an additional 875 shares during the last quarter. Avantax Advisory Services Inc. raised its holdings in iShares Morningstar Value ETF by 5.9% in the 4th quarter. Avantax Advisory Services Inc. now owns 228,333 shares of the company’s stock worth $16,125,000 after acquiring an additional 12,752 shares during the period. Steele Capital Management Inc. bought a new stake in iShares Morningstar Value ETF during the 4th quarter valued at approximately $58,837,000. Finally, LRI Investments LLC acquired a new stake in shares of iShares Morningstar Value ETF in the first quarter worth $130,000.

iShares Morningstar Value ETF Price Performance

Shares of NYSEARCA ILCV traded up $0.30 during trading hours on Wednesday, reaching $78.15. The stock had a trading volume of 23,599 shares, compared to its average volume of 26,971. The business’s fifty day moving average is $77.18 and its two-hundred day moving average is $75.50. iShares Morningstar Value ETF has a twelve month low of $61.50 and a twelve month high of $79.83. The company has a market cap of $949.52 million, a price-to-earnings ratio of 18.53 and a beta of 0.76.

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.