iShares Morningstar Value ETF (NYSEARCA:JKF) Stock Price Down 0.4%

iShares Morningstar Value ETF (NYSEARCA:JKF – Get Rating) shares fell 0.4% on Monday . The stock traded as low as $121.52 and last traded at $122.19. 11,700 shares were traded during mid-day trading, a decline of 41% from the average session volume of 19,755 shares. The stock had previously closed at $122.73.

The company has a 50 day simple moving average of $94.49 and a 200-day simple moving average of $79.24.

An institutional investor recently raised its position in iShares Morningstar Value ETF stock. Morgan Stanley grew its position in shares of iShares Morningstar Value ETF (NYSEARCA:JKF – Get Rating) by 106.3% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 275,001 shares of the company’s stock after purchasing an additional 141,692 shares during the quarter. Morgan Stanley owned 3.79% of iShares Morningstar Value ETF worth $17,754,000 as of its most recent filing with the SEC.

About iShares Morningstar Value ETF (NYSEARCA:JKF)

iShares Morningstar Large-Cap Value ETF (the Fund), formerly iShares Morningstar Large Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Morningstar Large Value Index (the Value Index). The Value Index measures the performance of stocks issued by large-capitalization companies that have exhibited above-average value characteristics as determined by Morningstar’s index methodology.

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