iShares Morningstar Value ETF (NYSEARCA:ILCV) Sees Strong Trading Volume – Here’s Why

iShares Morningstar Value ETF (NYSEARCA:ILCV) saw strong trading volume on Friday . 113,028 shares traded hands during mid-day trading, an increase of 387% from the previous session’s volume of 23,227 shares.The stock last traded at $80.95 and had previously closed at $81.25.

iShares Morningstar Value ETF Price Performance

The firm has a market capitalization of $1.01 billion, a P/E ratio of 20.41 and a beta of 0.92. The firm has a 50-day moving average price of $83.02 and a two-hundred day moving average price of $82.57.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Aptus Capital Advisors LLC purchased a new stake in shares of iShares Morningstar Value ETF during the 4th quarter worth $32,000. Mascoma Wealth Management LLC purchased a new position in shares of iShares Morningstar Value ETF in the 4th quarter valued at approximately $64,000. Halbert Hargrove Global Advisors LLC acquired a new stake in iShares Morningstar Value ETF in the 4th quarter worth approximately $71,000. Aspect Partners LLC purchased a new stake in iShares Morningstar Value ETF during the 4th quarter worth approximately $103,000. Finally, Addison Advisors LLC acquired a new position in shares of iShares Morningstar Value ETF in the fourth quarter valued at about $108,000.

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.