MML Investors Services LLC Raises Position in iShares Morningstar Value ETF (NYSEARCA:ILCV)

MML Investors Services LLC lifted its stake in iShares Morningstar Value ETF (NYSEARCA:ILCV) by 3.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,936 shares of the company’s stock after purchasing an additional 1,974 shares during the period. MML Investors Services LLC’s holdings in iShares Morningstar Value ETF were worth $4,935,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. Stratos Wealth Partners LTD. purchased a new stake in iShares Morningstar Value ETF in the fourth quarter worth about $230,000. Barrett & Company Inc. increased its holdings in iShares Morningstar Value ETF by 2.5% in the 4th quarter. Barrett & Company Inc. now owns 98,727 shares of the company’s stock worth $7,995,000 after acquiring an additional 2,376 shares in the last quarter. JPMorgan Chase & Co. raised its stake in iShares Morningstar Value ETF by 9.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 144,983 shares of the company’s stock worth $11,918,000 after acquiring an additional 12,177 shares during the period. Commonwealth Equity Services LLC lifted its holdings in iShares Morningstar Value ETF by 7.7% during the fourth quarter. Commonwealth Equity Services LLC now owns 142,769 shares of the company’s stock valued at $11,561,000 after purchasing an additional 10,223 shares in the last quarter. Finally, Ipsen Advisor Group LLC bought a new position in shares of iShares Morningstar Value ETF in the fourth quarter worth approximately $923,000.

iShares Morningstar Value ETF Price Performance

Shares of NYSEARCA ILCV opened at $78.08 on Friday. iShares Morningstar Value ETF has a 1 year low of $70.58 and a 1 year high of $85.63. The firm has a fifty day moving average price of $79.89 and a 200-day moving average price of $81.93. The stock has a market cap of $972.10 million, a PE ratio of 17.96 and a beta of 0.88.

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.