iShares Morningstar Value ETF $ILCV Shares Purchased by Absolute Capital Management LLC

Absolute Capital Management LLC boosted its stake in iShares Morningstar Value ETF (NYSEARCA:ILCV) by 60.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,900 shares of the company’s stock after purchasing an additional 12,400 shares during the period. iShares Morningstar Value ETF makes up about 1.1% of Absolute Capital Management LLC’s investment portfolio, making the stock its 28th biggest holding. Absolute Capital Management LLC’s holdings in iShares Morningstar Value ETF were worth $3,104,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in ILCV. IFP Advisors Inc increased its holdings in iShares Morningstar Value ETF by 75.1% in the 4th quarter. IFP Advisors Inc now owns 373 shares of the company’s stock valued at $35,000 after purchasing an additional 160 shares in the last quarter. Silicon Valley Capital Partners acquired a new stake in iShares Morningstar Value ETF in the 3rd quarter valued at $51,000. Capital Investment Advisory Services LLC acquired a new stake in iShares Morningstar Value ETF in the 4th quarter valued at $66,000. Caitlin John LLC acquired a new stake in iShares Morningstar Value ETF in the 3rd quarter valued at $72,000. Finally, Jones Financial Companies Lllp increased its holdings in iShares Morningstar Value ETF by 92.0% in the 3rd quarter. Jones Financial Companies Lllp now owns 966 shares of the company’s stock valued at $87,000 after purchasing an additional 463 shares in the last quarter.

iShares Morningstar Value ETF Trading Up 1.2%

Shares of NYSEARCA ILCV opened at $101.22 on Friday. iShares Morningstar Value ETF has a 12-month low of $80.65 and a 12-month high of $102.32. The company has a market cap of $1.27 billion, a P/E ratio of 19.33 and a beta of 0.81. The stock has a fifty day moving average price of $98.86 and a 200 day moving average price of $96.64.

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.