Jim Saulnier & Associates LLC Makes New $2.60 Million Investment in iShares Morningstar Value ETF (NYSEARCA:ILCV)

Jim Saulnier & Associates LLC purchased a new position in iShares Morningstar Value ETF (NYSEARCA:ILCV) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 31,611 shares of the company’s stock, valued at approximately $2,598,000. iShares Morningstar Value ETF accounts for 2.6% of Jim Saulnier & Associates LLC’s portfolio, making the stock its 7th biggest holding. Jim Saulnier & Associates LLC owned about 0.26% of iShares Morningstar Value ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Horst & Graben Wealth Management LLC boosted its stake in shares of iShares Morningstar Value ETF by 2.0% during the 3rd quarter. Horst & Graben Wealth Management LLC now owns 7,291 shares of the company’s stock valued at $599,000 after buying an additional 143 shares during the last quarter. Woodard & Co. Asset Management Group Inc. ADV boosted its stake in shares of iShares Morningstar Value ETF by 3.3% during the 3rd quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 6,150 shares of the company’s stock valued at $506,000 after buying an additional 195 shares during the last quarter. Cedar Point Capital Partners LLC boosted its stake in shares of iShares Morningstar Value ETF by 3.2% during the 2nd quarter. Cedar Point Capital Partners LLC now owns 9,636 shares of the company’s stock valued at $735,000 after buying an additional 297 shares during the last quarter. B. Riley Wealth Advisors Inc. boosted its stake in shares of iShares Morningstar Value ETF by 8.7% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 4,841 shares of the company’s stock valued at $369,000 after buying an additional 386 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV boosted its stake 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 during the last quarter.

iShares Morningstar Value ETF Trading Up 0.7 %

iShares Morningstar Value ETF stock opened at $84.44 on Friday. The stock has a market cap of $1.03 billion, a P/E ratio of 18.53 and a beta of 0.76. The stock has a 50 day moving average of $82.46 and a 200-day moving average of $79.33. iShares Morningstar Value ETF has a 52 week low of $66.71 and a 52 week high of $84.55.

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.