Raymond James Financial Services Advisors Inc. Lowers Stock Holdings in iShares Morningstar Value ETF (NYSEARCA:ILCV)

Raymond James Financial Services Advisors Inc. reduced its stake in iShares Morningstar Value ETF (NYSEARCA:ILCV) by 7.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 151,400 shares of the company’s stock after selling 11,763 shares during the period. Raymond James Financial Services Advisors Inc. owned 1.25% of iShares Morningstar Value ETF worth $11,637,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Commonwealth Equity Services LLC raised its holdings in shares of iShares Morningstar Value ETF by 8.8% in the third quarter. Commonwealth Equity Services LLC now owns 106,755 shares of the company’s stock valued at $6,915,000 after acquiring an additional 8,639 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its position in shares of iShares Morningstar Value ETF by 1.6% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 85,770 shares of the company’s stock worth $5,555,000 after purchasing an additional 1,352 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of 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 valued at $47,523,000 after purchasing an additional 3,466 shares in the last quarter. Detalus Advisors LLC purchased a new position in iShares Morningstar Value ETF during the third quarter valued at approximately $752,000. Finally, Matrix Trust Co raised its stake in iShares Morningstar Value ETF by 2.5% in the third quarter. Matrix Trust Co now owns 823,988 shares of the company’s stock worth $53,370,000 after buying an additional 20,325 shares in the last quarter.

iShares Morningstar Value ETF Stock Up 0.7 %

Shares of iShares Morningstar Value ETF stock traded up $0.49 on Friday, reaching $74.44. The stock had a trading volume of 27,416 shares, compared to its average volume of 29,703. The stock has a market capitalization of $904.50 million, a P/E ratio of 17.97 and a beta of 0.78. The company has a 50 day moving average price of $74.84 and a 200 day moving average price of $70.82. iShares Morningstar Value ETF has a 1 year low of $61.50 and a 1 year high of $76.99.

iShares Morningstar Value ETF 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.