Portland Financial Advisors Inc Invests $356,000 in iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB)

Portland Financial Advisors Inc acquired a new position in shares of iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 4,387 shares of the company’s stock, valued at approximately $356,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Evanson Asset Management LLC acquired a new position in shares of iShares Morningstar U.S. Equity ETF during the 4th quarter worth $203,000. Kingswood Wealth Advisors LLC purchased a new stake in iShares Morningstar U.S. Equity ETF during the fourth quarter worth about $281,000. MidAtlantic Capital Management Inc. acquired a new position in iShares Morningstar U.S. Equity ETF during the third quarter worth about $352,000. Jane Street Group LLC acquired a new position in iShares Morningstar U.S. Equity ETF during the third quarter worth about $410,000. Finally, Capital Management Associates Inc increased its holdings in iShares Morningstar U.S. Equity ETF by 4.1% in the fourth quarter. Capital Management Associates Inc now owns 6,696 shares of the company’s stock valued at $543,000 after buying an additional 265 shares in the last quarter.

iShares Morningstar U.S. Equity ETF Trading Down 1.7 %

ILCB stock opened at $83.11 on Monday. The company has a market cap of $1.02 billion, a price-to-earnings ratio of 26.03 and a beta of 1.01. The firm has a 50 day moving average of $83.01 and a 200-day moving average of $80.81. iShares Morningstar U.S. Equity ETF has a 12-month low of $68.34 and a 12-month high of $85.07.

iShares Morningstar U.S. Equity ETF Profile

The iShares Morningstar U.S. Equity ETF (ILCB) is an exchange-traded fund that is based on the Morningstar US Large-Mid Cap index. The fund tracks a market cap-weighted index consists of both growth and value stocks, selected from the top 90% of the US market-cap spectrum. ILCB was launched on Jun 28, 2004 and is managed by BlackRock.