Wealth Enhancement Advisory Services LLC Cuts Stake in iShares Morningstar Value ETF (NYSEARCA:ILCV)

Wealth Enhancement Advisory Services LLC reduced its stake in shares of iShares Morningstar Value ETF (NYSEARCA:ILCV) by 3.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 96,504 shares of the company’s stock after selling 3,055 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 0.80% of iShares Morningstar Value ETF worth $7,417,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of ILCV. Modera Wealth Management LLC bought a new stake in shares of iShares Morningstar Value ETF in the third quarter worth about $195,000. Lido Advisors LLC purchased a new stake in iShares Morningstar Value ETF in the third quarter worth $289,000. Harbor Investment Advisory LLC bought a new stake in iShares Morningstar Value ETF in the fourth quarter valued at $300,000. Woodard & Co. Asset Management Group Inc. ADV increased its position in iShares Morningstar Value ETF by 89.1% during the 4th quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 5,899 shares of the company’s stock valued at $417,000 after purchasing an additional 2,779 shares during the period. Finally, Global Retirement Partners LLC raised its holdings in iShares Morningstar Value ETF by 16.0% in the 4th quarter. Global Retirement Partners LLC now owns 6,080 shares of the company’s stock worth $425,000 after purchasing an additional 840 shares in the last quarter.

iShares Morningstar Value ETF Stock Performance

NYSEARCA:ILCV opened at $76.32 on Monday. iShares Morningstar Value ETF has a 12 month low of $61.50 and a 12 month high of $77.33. The company has a 50-day moving average price of $75.76 and a 200-day moving average price of $73.86. The stock has a market cap of $927.29 million, a price-to-earnings ratio of 18.53 and a beta of 0.76.

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.