Truist Financial Corp Has $2.53 Million Stock Position in iShares Morningstar Value ETF (NYSEARCA:ILCV)

Truist Financial Corp cut its stake in shares of iShares Morningstar Value ETF (NYSEARCA:ILCV) by 7.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 35,827 shares of the company’s stock after selling 2,839 shares during the quarter. Truist Financial Corp’s holdings in iShares Morningstar Value ETF were worth $2,530,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of ILCV. Matrix Trust Co boosted its holdings in shares of iShares Morningstar Value ETF by 2.5% in the 3rd quarter. Matrix Trust Co now owns 823,988 shares of the company’s stock valued at $53,370,000 after buying an additional 20,325 shares during the last quarter. Bank of New York Mellon Corp raised its position in iShares Morningstar Value ETF by 0.5% during the third quarter. Bank of New York Mellon Corp now owns 733,716 shares of the company’s stock worth $47,523,000 after acquiring an additional 3,466 shares in the last quarter. UBS Group AG lifted its stake in iShares Morningstar Value ETF by 1.7% in the third quarter. UBS Group AG now owns 508,336 shares of the company’s stock valued at $32,925,000 after acquiring an additional 8,431 shares during the last quarter. LPL Financial LLC grew its position in shares of iShares Morningstar Value ETF by 14.6% in the 3rd quarter. LPL Financial LLC now owns 440,311 shares of the company’s stock valued at $28,519,000 after acquiring an additional 55,966 shares during the period. Finally, Avantax Advisory Services Inc. increased its stake in shares of iShares Morningstar Value ETF by 1.0% during the 3rd quarter. Avantax Advisory Services Inc. now owns 215,581 shares of the company’s stock worth $13,963,000 after purchasing an additional 2,092 shares during the last quarter.

iShares Morningstar Value ETF Stock Performance

Shares of NYSEARCA:ILCV opened at $75.34 on Thursday. iShares Morningstar Value ETF has a 52-week low of $61.50 and a 52-week high of $76.99. The company has a market capitalization of $915.41 million, a P/E ratio of 17.97 and a beta of 0.78. The company has a 50-day simple moving average of $74.91 and a 200 day simple moving average of $71.06.

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.