iShares Morningstar Value ETF (NYSEARCA:ILCV) Sees Unusually-High Trading Volume – Here’s Why

iShares Morningstar Value ETF (NYSEARCA:ILCVGet Free Report) shares saw unusually-strong trading volume on Friday . Approximately 32,189 shares traded hands during mid-day trading, a decline of 7% from the previous session’s volume of 34,489 shares.The stock last traded at $91.3550 and had previously closed at $91.79.

iShares Morningstar Value ETF Price Performance

The stock’s fifty day moving average price is $89.92 and its 200-day moving average price is $85.14. The firm has a market cap of $1.12 billion, a price-to-earnings ratio of 19.33 and a beta of 0.88.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Twin Peaks Wealth Advisors LLC acquired a new position in shares of iShares Morningstar Value ETF in the second quarter worth $46,000. Root Financial Partners LLC acquired a new position in iShares Morningstar Value ETF in the third quarter worth approximately $84,000. Jones Financial Companies Lllp lifted its stake in iShares Morningstar Value ETF by 92.0% in the third quarter. Jones Financial Companies Lllp now owns 966 shares of the company’s stock valued at $87,000 after acquiring an additional 463 shares during the last quarter. Chilton Capital Management LLC acquired a new position in shares of iShares Morningstar Value ETF during the 3rd quarter worth $126,000. Finally, LRI Investments LLC raised its holdings in shares of iShares Morningstar Value ETF by 16.6% during the 1st quarter. LRI Investments LLC now owns 1,866 shares of the company’s stock valued at $152,000 after purchasing an additional 266 shares in the last quarter.

iShares Morningstar Value ETF Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for iShares Morningstar Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Morningstar Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.