iShares Morningstar Value ETF (NYSEARCA:ILCV) Sees Large Volume Increase

Shares of iShares Morningstar Value ETF (NYSEARCA:ILCV) saw unusually-high trading volume on Monday . Approximately 9,931 shares traded hands during trading, a decline of 64% from the previous session’s volume of 27,381 shares.The stock last traded at $75.47 and had previously closed at $75.59.

iShares Morningstar Value ETF Trading Up 0.4 %

The stock has a 50 day simple moving average of $75.33 and a 200-day simple moving average of $73.34. The firm has a market capitalization of $927.65 million, a P/E ratio of 18.53 and a beta of 0.76.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in ILCV. LRI Investments LLC bought a new position in iShares Morningstar Value ETF in the 1st quarter worth approximately $130,000. Modera Wealth Management LLC bought a new position in iShares Morningstar Value ETF in the 3rd quarter worth approximately $195,000. Woodard & Co. Asset Management Group Inc. ADV bought a new position in iShares Morningstar Value ETF in the 3rd quarter worth approximately $202,000. Lido Advisors LLC bought a new position in iShares Morningstar Value ETF in the 3rd quarter worth approximately $289,000. Finally, Harbor Investment Advisory LLC bought a new position in iShares Morningstar Value ETF in the 4th quarter worth approximately $300,000.

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.