JPMorgan Chase & Co. Acquires 21,516 Shares of iShares Morningstar Value ETF (NYSEARCA:ILCV)

JPMorgan Chase & Co. boosted its holdings in iShares Morningstar Value ETF (NYSEARCA:ILCV) by 14.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 166,499 shares of the company’s stock after purchasing an additional 21,516 shares during the period. JPMorgan Chase & Co. owned approximately 1.37% of iShares Morningstar Value ETF worth $13,483,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in ILCV. Mascoma Wealth Management LLC bought a new stake in shares of iShares Morningstar Value ETF in the 4th quarter valued at about $64,000. Halbert Hargrove Global Advisors LLC purchased a new position in iShares Morningstar Value ETF in the 4th quarter worth approximately $71,000. Aspect Partners LLC bought a new position in shares of iShares Morningstar Value ETF in the fourth quarter worth approximately $103,000. Addison Advisors LLC purchased a new position in shares of iShares Morningstar Value ETF in the fourth quarter worth $108,000. Finally, Flagship Wealth Advisors LLC purchased a new position in shares of iShares Morningstar Value ETF in the fourth quarter worth $121,000.

iShares Morningstar Value ETF Stock Up 1.7 %

Shares of ILCV opened at $76.45 on Friday. The stock has a market capitalization of $951.80 million, a P/E ratio of 17.96 and a beta of 0.88. iShares Morningstar Value ETF has a twelve month low of $70.58 and a twelve month high of $85.63. The firm has a fifty day simple moving average of $81.37 and a two-hundred day simple moving average of $82.28.

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.