iShares Morningstar Value ETF (NYSEARCA:ILCV) Sets New 52-Week High – What’s Next?

iShares Morningstar Value ETF (NYSEARCA:ILCV) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $97.13 and last traded at $97.07, with a volume of 80177 shares changing hands. The stock had previously closed at $96.34.

iShares Morningstar Value ETF Trading Up 0.8%

The firm has a market cap of $1.19 billion, a P/E ratio of 19.33 and a beta of 0.88. The company’s fifty day moving average price is $95.28 and its two-hundred day moving average price is $91.06.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. Twin Peaks Wealth Advisors LLC bought a new stake in iShares Morningstar Value ETF during the 2nd quarter worth approximately $46,000. Silicon Valley Capital Partners acquired a new position in iShares Morningstar Value ETF in the third quarter worth $51,000. Capital Investment Advisory Services LLC bought a new stake in shares of iShares Morningstar Value ETF during the fourth quarter worth $66,000. Caitlin John LLC bought a new stake in shares of iShares Morningstar Value ETF during the third quarter worth $72,000. Finally, Root Financial Partners LLC acquired a new stake in shares of iShares Morningstar Value ETF in the third quarter valued at $84,000.

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.