Commonwealth Equity Services LLC Grows Position in iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB)

Commonwealth Equity Services LLC increased its position in shares of iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) by 0.1% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 154,204 shares of the company’s stock after buying an additional 136 shares during the quarter. Commonwealth Equity Services LLC’s holdings in iShares Morningstar U.S. Equity ETF were worth $12,515,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in ILCB. Evanson Asset Management LLC purchased a new position in shares of iShares Morningstar U.S. Equity ETF in the 4th quarter valued at approximately $203,000. Synergy Investment Management LLC purchased a new stake in shares of iShares Morningstar U.S. Equity ETF in the fourth quarter valued at approximately $231,000. Kingswood Wealth Advisors LLC purchased a new stake in shares of iShares Morningstar U.S. Equity ETF in the fourth quarter valued at approximately $281,000. Steward Partners Investment Advisory LLC boosted its stake in shares of iShares Morningstar U.S. Equity ETF by 9.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,018 shares of the company’s stock valued at $326,000 after buying an additional 333 shares in the last quarter. Finally, Portland Financial Advisors Inc purchased a new stake in shares of iShares Morningstar U.S. Equity ETF in the fourth quarter valued at approximately $356,000.

iShares Morningstar U.S. Equity ETF Price Performance

iShares Morningstar U.S. Equity ETF stock opened at $77.28 on Wednesday. iShares Morningstar U.S. Equity ETF has a 1-year low of $68.34 and a 1-year high of $85.08. The company has a market cap of $1.11 billion, a PE ratio of 25.88 and a beta of 1.02. The stock’s 50 day moving average price is $82.09 and its 200 day moving average price is $81.20.

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.