Perennial Investment Advisors LLC Buys 1,146 Shares of iShares Morningstar Value ETF $ILCV

Perennial Investment Advisors LLC lifted its position in shares of iShares Morningstar Value ETF (NYSEARCA:ILCV) by 21.8% in the second quarter, HoldingsChannel.com reports. The firm owned 6,395 shares of the company’s stock after purchasing an additional 1,146 shares during the period. Perennial Investment Advisors LLC’s holdings in iShares Morningstar Value ETF were worth $533,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of ILCV. Atria Wealth Solutions Inc. lifted its holdings in iShares Morningstar Value ETF by 8.4% in the first quarter. Atria Wealth Solutions Inc. now owns 13,075 shares of the company’s stock worth $1,065,000 after buying an additional 1,016 shares during the period. Assetmark Inc. grew its stake in iShares Morningstar Value ETF by 815.4% in the first quarter. Assetmark Inc. now owns 75,390 shares of the company’s stock worth $6,141,000 after purchasing an additional 67,154 shares during the period. Matrix Trust Co raised its holdings in iShares Morningstar Value ETF by 1.6% in the second quarter. Matrix Trust Co now owns 700,341 shares of the company’s stock worth $58,401,000 after purchasing an additional 10,783 shares in the last quarter. Brand Asset Management Group Inc. boosted its holdings in shares of iShares Morningstar Value ETF by 4.1% during the 2nd quarter. Brand Asset Management Group Inc. now owns 15,233 shares of the company’s stock valued at $1,270,000 after buying an additional 605 shares in the last quarter. Finally, Robertson Stephens Wealth Management LLC purchased a new stake in shares of iShares Morningstar Value ETF in the 2nd quarter worth about $835,000.

iShares Morningstar Value ETF Stock Performance

Shares of ILCV opened at $91.16 on Wednesday. iShares Morningstar Value ETF has a fifty-two week low of $70.58 and a fifty-two week high of $93.68. The firm’s 50-day simple moving average is $90.57 and its two-hundred day simple moving average is $86.05. The stock has a market cap of $1.12 billion, a PE ratio of 19.33 and a beta of 0.88.

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.