Steele Capital Management Inc. Has $63.05 Million Position in iShares Morningstar Value ETF (NYSEARCA:ILCV)

Steele Capital Management Inc. reduced its stake in iShares Morningstar Value ETF (NYSEARCA:ILCV) by 1.5% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 820,266 shares of the company’s stock after selling 12,880 shares during the quarter. iShares Morningstar Value ETF makes up 3.6% of Steele Capital Management Inc.’s investment portfolio, making the stock its 12th largest holding. Steele Capital Management Inc. owned approximately 6.81% of iShares Morningstar Value ETF worth $63,046,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ILCV. Modera Wealth Management LLC acquired a new stake in iShares Morningstar Value ETF in the 3rd quarter worth approximately $195,000. Lido Advisors LLC acquired a new stake in iShares Morningstar Value ETF in the 3rd quarter worth approximately $289,000. Harbor Investment Advisory LLC acquired a new stake in iShares Morningstar Value ETF in the 4th quarter worth approximately $300,000. Kestra Advisory Services LLC lifted its holdings in iShares Morningstar Value ETF by 40.3% in the 3rd quarter. Kestra Advisory Services LLC now owns 5,355 shares of the company’s stock worth $347,000 after purchasing an additional 1,538 shares during the last quarter. Finally, Woodard & Co. Asset Management Group Inc. ADV lifted its holdings in iShares Morningstar Value ETF by 89.1% in the 4th quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 5,899 shares of the company’s stock worth $417,000 after purchasing an additional 2,779 shares during the last quarter.

iShares Morningstar Value ETF Stock Down 0.2 %

NYSEARCA ILCV traded down $0.18 during trading on Monday, hitting $76.14. The company’s stock had a trading volume of 14,410 shares, compared to its average volume of 26,638. The firm has a 50 day moving average price of $75.80 and a 200 day moving average price of $73.90. The firm has a market cap of $925.10 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 $77.33.

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.