Steele Capital Management Inc. Lowers Position in iShares Morningstar Value ETF (NYSEARCA:ILCV)

Steele Capital Management Inc. trimmed its position in shares of iShares Morningstar Value ETF (NYSEARCA:ILCV) by 15.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 694,130 shares of the company’s stock after selling 122,540 shares during the period. iShares Morningstar Value ETF comprises 3.0% of Steele Capital Management Inc.’s investment portfolio, making the stock its 13th largest position. Steele Capital Management Inc. owned 0.06% of iShares Morningstar Value ETF worth $57,380,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of ILCV. Creative Financial Designs Inc. ADV raised its holdings in shares of iShares Morningstar Value ETF by 86.4% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 917 shares of the company’s stock valued at $75,000 after buying an additional 425 shares in the last quarter. LRI Investments LLC purchased a new position in shares of iShares Morningstar Value ETF during the 1st quarter valued at about $130,000. OneDigital Investment Advisors LLC purchased a new position in iShares Morningstar Value ETF in the 3rd quarter worth approximately $238,000. Wedbush Securities Inc. increased its stake in iShares Morningstar Value ETF by 24.9% in the 2nd quarter. Wedbush Securities Inc. now owns 3,346 shares of the company’s stock worth $255,000 after purchasing an additional 666 shares during the period. Finally, Willis Johnson & Associates Inc. purchased a new position in iShares Morningstar Value ETF in the 2nd quarter worth approximately $290,000.

iShares Morningstar Value ETF Price Performance

Shares of iShares Morningstar Value ETF stock opened at $83.17 on Thursday. The business’s 50 day simple moving average is $82.30 and its two-hundred day simple moving average is $79.21. The stock has a market capitalization of $1.01 billion, a P/E ratio of 18.53 and a beta of 0.76. iShares Morningstar Value ETF has a one year low of $66.43 and a one year high of $84.55.

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.