iShares Morningstar Value ETF $ILCV Position Reduced by Truist Financial Corp

Truist Financial Corp trimmed its stake in shares of iShares Morningstar Value ETF (NYSEARCA:ILCV) by 28.7% during the fourth quarter, HoldingsChannel reports. The fund owned 16,641 shares of the company’s stock after selling 6,709 shares during the quarter. Truist Financial Corp’s holdings in iShares Morningstar Value ETF were worth $1,570,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in ILCV. Silicon Valley Capital Partners acquired a new position in iShares Morningstar Value ETF in the third quarter worth about $51,000. Capital Investment Advisory Services LLC acquired a new position in iShares Morningstar Value ETF in the fourth quarter worth about $66,000. Caitlin John LLC acquired a new position in iShares Morningstar Value ETF in the third quarter worth about $72,000. Root Financial Partners LLC acquired a new position in iShares Morningstar Value ETF in the third quarter worth about $84,000. Finally, Jones Financial Companies Lllp grew 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 worth $87,000 after purchasing an additional 463 shares in the last quarter.

iShares Morningstar Value ETF Stock Performance

NYSEARCA:ILCV opened at $100.59 on Friday. iShares Morningstar Value ETF has a one year low of $79.13 and a one year high of $100.84. The company has a market capitalization of $1.26 billion, a price-to-earnings ratio of 19.33 and a beta of 0.81. The stock has a 50-day simple moving average of $95.95 and a 200 day simple moving average of $95.33.

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.