International Assets Investment Management LLC Purchases New Position in iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB)

International Assets Investment Management LLC purchased a new stake in shares of iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund purchased 12,363 shares of the company’s stock, valued at approximately $813,000. International Assets Investment Management LLC owned about 0.10% of iShares Morningstar U.S. Equity ETF as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Raymond James Financial Services Advisors Inc. boosted its position in shares of iShares Morningstar U.S. Equity ETF by 9.1% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 30,985 shares of the company’s stock valued at $1,825,000 after buying an additional 2,594 shares during the last quarter. Strategic Investment Advisors MI purchased a new stake in shares of iShares Morningstar U.S. Equity ETF in the third quarter valued at about $212,000. M&T Bank Corp bought a new position in shares of iShares Morningstar U.S. Equity ETF during the third quarter valued at about $268,000. Merit Financial Group LLC boosted its holdings in iShares Morningstar U.S. Equity ETF by 0.9% during the third quarter. Merit Financial Group LLC now owns 71,749 shares of the company’s stock worth $4,226,000 after purchasing an additional 639 shares during the last quarter. Finally, Avantax Advisory Services Inc. grew its position in iShares Morningstar U.S. Equity ETF by 0.8% in the 3rd quarter. Avantax Advisory Services Inc. now owns 152,195 shares of the company’s stock worth $8,964,000 after purchasing an additional 1,260 shares in the last quarter.

iShares Morningstar U.S. Equity ETF Stock Performance

NYSEARCA:ILCB opened at $69.90 on Wednesday. iShares Morningstar U.S. Equity ETF has a 52 week low of $55.47 and a 52 week high of $72.60. The firm has a 50-day moving average price of $70.76 and a two-hundred day moving average price of $66.08. The firm has a market cap of $863.29 million, a price-to-earnings ratio of 24.85 and a beta of 1.01.

About iShares Morningstar U.S. Equity ETF

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.