Matrix Trust Co Has $58.30 Million Stake in iShares Morningstar Value ETF (NYSEARCA:ILCV)

Matrix Trust Co lifted its holdings in iShares Morningstar Value ETF (NYSEARCA:ILCV) by 0.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 825,582 shares of the company’s stock after acquiring an additional 1,594 shares during the period. iShares Morningstar Value ETF makes up approximately 13.6% of Matrix Trust Co’s portfolio, making the stock its 2nd biggest position. Matrix Trust Co owned approximately 0.07% of iShares Morningstar Value ETF worth $58,303,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Bank of New York Mellon Corp increased its position in iShares Morningstar Value ETF by 0.5% in the 3rd quarter. Bank of New York Mellon Corp now owns 733,716 shares of the company’s stock valued at $47,523,000 after buying an additional 3,466 shares in the last quarter. UBS Group AG increased its position in iShares Morningstar Value ETF by 1.7% in the 3rd quarter. UBS Group AG now owns 508,336 shares of the company’s stock valued at $32,925,000 after buying an additional 8,431 shares in the last quarter. LPL Financial LLC boosted its stake in iShares Morningstar Value ETF by 14.6% during the 3rd quarter. LPL Financial LLC now owns 440,311 shares of the company’s stock valued at $28,519,000 after purchasing an additional 55,966 shares during the last quarter. Avantax Advisory Services Inc. boosted its stake in iShares Morningstar Value ETF by 1.0% during the 3rd quarter. Avantax Advisory Services Inc. now owns 215,581 shares of the company’s stock valued at $13,963,000 after purchasing an additional 2,092 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its stake in iShares Morningstar Value ETF by 4.7% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 163,163 shares of the company’s stock valued at $11,523,000 after purchasing an additional 7,377 shares during the last quarter.

iShares Morningstar Value ETF Stock Up 0.3 %

ILCV stock traded up $0.24 during mid-day trading on Friday, reaching $74.55. 28,029 shares of the company traded hands, compared to its average volume of 29,876. The stock has a market cap of $905.77 million, a price-to-earnings ratio of 17.97 and a beta of 0.78. iShares Morningstar Value ETF has a fifty-two week low of $61.50 and a fifty-two week high of $76.99. The firm’s 50 day moving average price is $74.75 and its 200 day moving average price is $70.50.

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.