Bank of New York Mellon Corp Trims Holdings in iShares Morningstar Value ETF (NYSEARCA:ILCV)

Bank of New York Mellon Corp lowered its stake in shares of iShares Morningstar Value ETF (NYSEARCA:ILCV) by 0.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 617,786 shares of the company’s stock after selling 4,059 shares during the period. Bank of New York Mellon Corp owned approximately 5.08% of iShares Morningstar Value ETF worth $50,028,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in ILCV. Addison Advisors LLC purchased a new position in shares of iShares Morningstar Value ETF during the fourth quarter worth $108,000. Aspect Partners LLC acquired a new position in iShares Morningstar Value ETF during the 4th quarter worth about $103,000. Key Financial Inc boosted its holdings in iShares Morningstar Value ETF by 13.8% during the 4th quarter. Key Financial Inc now owns 6,169 shares of the company’s stock valued at $500,000 after acquiring an additional 750 shares during the period. Atria Wealth Solutions Inc. grew its position in iShares Morningstar Value ETF by 15.6% in the 4th quarter. Atria Wealth Solutions Inc. now owns 12,059 shares of the company’s stock valued at $977,000 after acquiring an additional 1,630 shares in the last quarter. Finally, Truist Financial Corp grew its position in iShares Morningstar Value ETF by 26.0% in the 4th quarter. Truist Financial Corp now owns 47,141 shares of the company’s stock valued at $3,817,000 after acquiring an additional 9,727 shares in the last quarter.

iShares Morningstar Value ETF Stock Performance

Shares of ILCV opened at $82.95 on Thursday. The company’s 50-day simple moving average is $83.04 and its 200-day simple moving average is $82.53. iShares Morningstar Value ETF has a 1 year low of $72.83 and a 1 year high of $85.63. The stock has a market capitalization of $1.04 billion, a PE ratio of 20.41 and a beta of 0.92.

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.