Brand Asset Management Group Inc. Buys 740 Shares of iShares Morningstar Value ETF (NYSEARCA:ILCV)

Brand Asset Management Group Inc. boosted its stake in iShares Morningstar Value ETF (NYSEARCA:ILCV) by 5.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,492 shares of the company’s stock after acquiring an additional 740 shares during the quarter. Brand Asset Management Group Inc. owned 0.12% of iShares Morningstar Value ETF worth $1,106,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. CWM LLC lifted its position in iShares Morningstar Value ETF by 6.7% during the 4th quarter. CWM LLC now owns 11,270 shares of the company’s stock worth $796,000 after buying an additional 709 shares in the last quarter. Corient Private Wealth LLC lifted its position in iShares Morningstar Value ETF by 0.9% during the 4th quarter. Corient Private Wealth LLC now owns 102,159 shares of the company’s stock worth $7,214,000 after buying an additional 875 shares in the last quarter. Avantax Advisory Services Inc. lifted its position in iShares Morningstar Value ETF by 5.9% during the 4th quarter. Avantax Advisory Services Inc. now owns 228,333 shares of the company’s stock worth $16,125,000 after buying an additional 12,752 shares in the last quarter. Steele Capital Management Inc. bought a new stake in iShares Morningstar Value ETF during the 4th quarter worth about $58,837,000. Finally, LRI Investments LLC bought a new stake in iShares Morningstar Value ETF during the 1st quarter worth about $130,000.

iShares Morningstar Value ETF Price Performance

NYSEARCA:ILCV traded up $0.50 on Monday, hitting $79.80. 10,977 shares of the company’s stock were exchanged, compared to its average volume of 26,658. The firm has a 50-day moving average price of $77.37 and a 200-day moving average price of $75.69. The company has a market cap of $969.56 million, a P/E ratio of 18.53 and a beta of 0.76. iShares Morningstar Value ETF has a 52 week low of $61.50 and a 52 week high of $79.83.

iShares Morningstar Value ETF Company 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.