Cedar Point Capital Partners LLC Purchases New Shares in iShares Morningstar Value ETF (NYSEARCA:ILCV)

Cedar Point Capital Partners LLC purchased a new stake in iShares Morningstar Value ETF (NYSEARCA:ILCV) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 8,799 shares of the company’s stock, valued at approximately $621,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Sweet Financial Partners LLC boosted its position in iShares Morningstar Value ETF by 1.3% during the 4th quarter. Sweet Financial Partners LLC now owns 12,053 shares of the company’s stock worth $851,000 after acquiring an additional 152 shares during the period. CWM LLC boosted its position in iShares Morningstar Value ETF by 6.7% during the 4th quarter. CWM LLC now owns 11,270 shares of the company’s stock worth $796,000 after acquiring an additional 709 shares during the period. Global Retirement Partners LLC lifted its holdings in shares of iShares Morningstar Value ETF by 16.0% during the 4th quarter. Global Retirement Partners LLC now owns 6,080 shares of the company’s stock valued at $425,000 after buying an additional 840 shares during the last quarter. Atria Wealth Solutions Inc. lifted its holdings in shares of iShares Morningstar Value ETF by 24.5% during the 3rd quarter. Atria Wealth Solutions Inc. now owns 5,513 shares of the company’s stock valued at $359,000 after buying an additional 1,084 shares during the last quarter. Finally, Derbend Asset Management lifted its holdings in shares of iShares Morningstar Value ETF by 12.7% during the 4th quarter. Derbend Asset Management now owns 11,168 shares of the company’s stock valued at $789,000 after buying an additional 1,260 shares during the last quarter.

iShares Morningstar Value ETF Stock Performance

Shares of iShares Morningstar Value ETF stock traded up $0.24 during trading on Friday, hitting $74.55. 28,029 shares of the stock traded hands, compared to its average volume of 29,876. The stock has a market cap of $905.77 million, a P/E ratio of 17.97 and a beta of 0.78. iShares Morningstar Value ETF has a twelve month low of $61.50 and a twelve month high of $76.99. The company has a fifty day moving average price of $74.75 and a two-hundred day moving average price of $70.50.

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.