Cambridge Investment Research Advisors Inc. Increases Stock Position in iShares Morningstar Value ETF (NYSEARCA:ILCV)

Cambridge Investment Research Advisors Inc. raised its stake in shares of iShares Morningstar Value ETF (NYSEARCA:ILCV) by 1.2% in the first quarter, Holdings Channel.com reports. The fund owned 86,471 shares of the company’s stock after purchasing an additional 985 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in iShares Morningstar Value ETF were worth $7,043,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in ILCV. Aptus Capital Advisors LLC acquired a new position in shares of iShares Morningstar Value ETF in the 4th quarter worth approximately $32,000. Mascoma Wealth Management LLC acquired a new stake in iShares Morningstar Value ETF in the 4th quarter valued at approximately $64,000. Halbert Hargrove Global Advisors LLC purchased a new stake in iShares Morningstar Value ETF in the fourth quarter valued at approximately $71,000. Navigoe LLC acquired a new position in iShares Morningstar Value ETF during the fourth quarter worth $112,000. Finally, Flagship Wealth Advisors LLC acquired a new position in iShares Morningstar Value ETF during the fourth quarter worth $121,000.

iShares Morningstar Value ETF Stock Up 0.7%

ILCV opened at $82.58 on Friday. iShares Morningstar Value ETF has a 52 week low of $70.58 and a 52 week high of $85.63. The business has a fifty day simple moving average of $80.23 and a 200-day simple moving average of $81.11. The firm has a market cap of $1.02 billion, a P/E ratio of 19.44 and a beta of 0.91.

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.