Bank of New York Mellon Corp Trims Holdings in iShares Morningstar Value ETF (NYSEARCA:ILCV)

Bank of New York Mellon Corp trimmed its position in iShares Morningstar Value ETF (NYSEARCA:ILCV – Get Rating) by 2.5% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 729,534 shares of the company’s stock after selling 18,602 shares during the period. Bank of New York Mellon Corp owned about 6.08% of iShares Morningstar Value ETF worth $41,197,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ILCV. UBS Group AG increased its position in iShares Morningstar Value ETF by 0.4% during the 1st quarter. UBS Group AG now owns 517,946 shares of the company’s stock worth $35,521,000 after purchasing an additional 2,061 shares in the last quarter. Royal Bank of Canada increased its position in iShares Morningstar Value ETF by 3.6% during the 1st quarter. Royal Bank of Canada now owns 235,834 shares of the company’s stock worth $16,173,000 after purchasing an additional 8,300 shares in the last quarter. Wells Fargo & Company MN increased its position in iShares Morningstar Value ETF by 9.7% during the 2nd quarter. Wells Fargo & Company MN now owns 211,994 shares of the company’s stock worth $12,802,000 after purchasing an additional 18,770 shares in the last quarter. Avantax Advisory Services Inc. increased its position in iShares Morningstar Value ETF by 0.8% during the 3rd quarter. Avantax Advisory Services Inc. now owns 187,078 shares of the company’s stock worth $10,564,000 after purchasing an additional 1,393 shares in the last quarter. Finally, Bank of America Corp DE increased its position in iShares Morningstar Value ETF by 7.0% during the 1st quarter. Bank of America Corp DE now owns 174,544 shares of the company’s stock worth $11,970,000 after purchasing an additional 11,484 shares in the last quarter.

iShares Morningstar Value ETF Stock Down 1.3 %

Shares of NYSEARCA:ILCV opened at $61.72 on Monday. The company has a market capitalization of $756.07 million, a price-to-earnings ratio of 14.02 and a beta of 0.92. The company has a 50 day moving average of $65.02 and a two-hundred day moving average of $63.17. iShares Morningstar Value ETF has a 52-week low of $56.03 and a 52-week high of $70.02.

iShares Morningstar Value ETF Profile

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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.