iShares Morningstar Value ETF (NYSEARCA:ILCV) Sees Strong Trading Volume

iShares Morningstar Value ETF (NYSEARCA:ILCV) shares saw unusually-high trading volume on Wednesday . Approximately 87,263 shares changed hands during mid-day trading, an increase of 197% from the previous session’s volume of 29,365 shares.The stock last traded at $75.23 and had previously closed at $75.26.

iShares Morningstar Value ETF Stock Performance

The stock has a 50 day moving average of $74.91 and a two-hundred day moving average of $71.06. The stock has a market cap of $915.38 million, a PE ratio of 17.97 and a beta of 0.78.

Institutional Investors Weigh In On iShares Morningstar Value ETF

A number of large investors have recently made changes to their positions in the company. Modera Wealth Management LLC purchased a new position in iShares Morningstar Value ETF during the 3rd quarter valued at about $195,000. Woodard & Co. Asset Management Group Inc. ADV acquired a new position in iShares Morningstar Value ETF in the 3rd quarter valued at approximately $202,000. Lido Advisors LLC purchased a new stake in iShares Morningstar Value ETF in 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 valued at $300,000. Finally, Simplicity Wealth LLC purchased a new position in shares of iShares Morningstar Value ETF during the 1st quarter valued at $311,000.

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.