Northwestern Mutual Wealth Management Co. Has $23.72 Million Holdings in iShares Morningstar Value ETF $ILCV

Northwestern Mutual Wealth Management Co. grew its holdings in iShares Morningstar Value ETF (NYSEARCA:ILCV) by 117.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 251,329 shares of the company’s stock after purchasing an additional 135,785 shares during the period. Northwestern Mutual Wealth Management Co. owned about 2.05% of iShares Morningstar Value ETF worth $23,715,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Kingsview Wealth Management LLC raised its holdings in shares of iShares Morningstar Value ETF by 137.2% in the fourth quarter. Kingsview Wealth Management LLC now owns 6,592 shares of the company’s stock valued at $622,000 after purchasing an additional 3,813 shares during the last quarter. Northwest Wealth Advisors LLC acquired a new position in iShares Morningstar Value ETF during the fourth quarter worth $12,320,000. Global Retirement Partners LLC increased its holdings in iShares Morningstar Value ETF by 18.3% during the fourth quarter. Global Retirement Partners LLC now owns 13,437 shares of the company’s stock worth $1,268,000 after buying an additional 2,076 shares during the last quarter. IFP Advisors Inc increased its holdings in iShares Morningstar Value ETF by 75.1% during the fourth quarter. IFP Advisors Inc now owns 373 shares of the company’s stock worth $35,000 after buying an additional 160 shares during the last quarter. Finally, HighTower Advisors LLC increased its holdings in iShares Morningstar Value ETF by 7.6% during the fourth quarter. HighTower Advisors LLC now owns 5,865 shares of the company’s stock worth $553,000 after buying an additional 415 shares during the last quarter.

iShares Morningstar Value ETF Stock Performance

Shares of ILCV opened at $101.90 on Monday. The company has a market cap of $1.27 billion, a price-to-earnings ratio of 19.33 and a beta of 0.81. iShares Morningstar Value ETF has a 1-year low of $80.15 and a 1-year high of $102.16. The company’s fifty day simple moving average is $97.28 and its 200 day simple moving average is $96.05.

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.