Sheridan Capital Management LLC Raises Stock Position in iShares Morningstar Value ETF (NYSEARCA:ILCV)

Sheridan Capital Management LLC grew its stake in iShares Morningstar Value ETF (NYSEARCA:ILCV) by 0.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,542 shares of the company’s stock after acquiring an additional 545 shares during the period. iShares Morningstar Value ETF accounts for approximately 3.3% of Sheridan Capital Management LLC’s holdings, making the stock its 8th largest position. Sheridan Capital Management LLC owned approximately 0.48% of iShares Morningstar Value ETF worth $4,741,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of ILCV. Jim Saulnier & Associates LLC increased its position in shares of iShares Morningstar Value ETF by 25.5% during the 4th quarter. Jim Saulnier & Associates LLC now owns 39,663 shares of the company’s stock worth $3,212,000 after purchasing an additional 8,052 shares during the last quarter. Flagship Harbor Advisors LLC increased its holdings in iShares Morningstar Value ETF by 18.8% during the fourth quarter. Flagship Harbor Advisors LLC now owns 18,296 shares of the company’s stock worth $1,482,000 after buying an additional 2,890 shares during the last quarter. Geneos Wealth Management Inc. raised its position in iShares Morningstar Value ETF by 77.6% during the fourth quarter. Geneos Wealth Management Inc. now owns 1,900 shares of the company’s stock worth $154,000 after acquiring an additional 830 shares in the last quarter. Janney Montgomery Scott LLC lifted its stake in iShares Morningstar Value ETF by 51.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 52,743 shares of the company’s stock valued at $4,271,000 after acquiring an additional 17,950 shares during the last quarter. Finally, Kiley Juergens Wealth Management LLC grew its position in shares of iShares Morningstar Value ETF by 0.9% in the 4th quarter. Kiley Juergens Wealth Management LLC now owns 87,455 shares of the company’s stock valued at $7,082,000 after acquiring an additional 738 shares during the period.

iShares Morningstar Value ETF Price Performance

iShares Morningstar Value ETF stock opened at $84.12 on Tuesday. The company’s 50-day moving average is $82.79 and its 200-day moving average is $81.43. The firm has a market capitalization of $1.02 billion, a PE ratio of 18.53 and a beta of 0.76. iShares Morningstar Value ETF has a fifty-two week low of $71.04 and a fifty-two week high of $85.63.

About iShares Morningstar Value ETF

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.