Fifth Third Bancorp Acquires New Position in iShares Morningstar Value ETF $ILCV

Fifth Third Bancorp purchased a new stake in iShares Morningstar Value ETF (NYSEARCA:ILCV) in the first quarter, Holdings Channel reports. The firm purchased 12,891 shares of the company’s stock, valued at approximately $1,201,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Integrated Wealth Concepts LLC acquired a new position in iShares Morningstar Value ETF in the first quarter valued at approximately $605,000. Jones Financial Companies Lllp grew its stake in shares of iShares Morningstar Value ETF by 578.4% in the first quarter. Jones Financial Companies Lllp now owns 3,392 shares of the company’s stock worth $276,000 after acquiring an additional 2,892 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of iShares Morningstar Value ETF by 509.3% during the first quarter. Goldman Sachs Group Inc. now owns 21,520 shares of the company’s stock worth $1,753,000 after acquiring an additional 17,988 shares during the period. Creative Planning raised its stake in shares of iShares Morningstar Value ETF by 9.7% in the second quarter. Creative Planning now owns 5,105 shares of the company’s stock valued at $426,000 after acquiring an additional 453 shares in the last quarter. Finally, Raymond James Financial Inc. raised its stake in shares of iShares Morningstar Value ETF by 2.0% in the second quarter. Raymond James Financial Inc. now owns 410,991 shares of the company’s stock valued at $34,273,000 after acquiring an additional 7,955 shares in the last quarter.

iShares Morningstar Value ETF Trading Up 0.8%

NYSEARCA:ILCV opened at $103.35 on Friday. iShares Morningstar Value ETF has a 12-month low of $82.62 and a 12-month high of $104.81. The firm has a market cap of $1.30 billion, a PE ratio of 19.33 and a beta of 0.81. The stock has a fifty day moving average price of $102.01 and a 200 day moving average price of $98.33.

iShares Morningstar Value ETF 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.