Matrix Trust Co Has $58.30 Million Holdings in iShares Morningstar Value ETF (NYSEARCA:ILCV)

Matrix Trust Co boosted its holdings in shares of iShares Morningstar Value ETF (NYSEARCA:ILCV) by 0.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 825,582 shares of the company’s stock after purchasing an additional 1,594 shares during the quarter. iShares Morningstar Value ETF comprises approximately 13.6% of Matrix Trust Co’s holdings, making the stock its 2nd largest position. Matrix Trust Co owned about 6.85% of iShares Morningstar Value ETF worth $58,303,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Modera Wealth Management LLC acquired a new stake in shares of iShares Morningstar Value ETF during the 3rd quarter worth approximately $195,000. Woodard & Co. Asset Management Group Inc. ADV acquired a new stake in shares of iShares Morningstar Value ETF during the 3rd quarter worth approximately $202,000. Lido Advisors LLC acquired a new stake in shares of iShares Morningstar Value ETF during the 3rd quarter worth approximately $289,000. Harbor Investment Advisory LLC acquired a new stake in shares of iShares Morningstar Value ETF during the 4th quarter worth approximately $300,000. Finally, Kestra Advisory Services LLC grew its holdings in shares of iShares Morningstar Value ETF by 40.3% during the 3rd quarter. Kestra Advisory Services LLC now owns 5,355 shares of the company’s stock worth $347,000 after purchasing an additional 1,538 shares in the last quarter.

iShares Morningstar Value ETF Stock Performance

Shares of NYSEARCA:ILCV traded up $0.24 during trading on Friday, hitting $74.55. 28,029 shares of the stock were exchanged, compared to its average volume of 29,876. The company’s fifty day simple moving average is $74.75 and its 200-day simple moving average is $70.50. The company has a market capitalization of $905.77 million, a price-to-earnings ratio of 17.97 and a beta of 0.78. iShares Morningstar Value ETF has a 1-year low of $61.50 and a 1-year high of $76.99.

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.