iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) Shares Purchased by Stifel Financial Corp

Stifel Financial Corp boosted its holdings in shares of iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) by 7.1% in the 4th quarter, Holdings Channel.com reports. The fund owned 9,807 shares of the company’s stock after buying an additional 649 shares during the quarter. Stifel Financial Corp’s holdings in iShares Morningstar U.S. Equity ETF were worth $796,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ILCB. LPL Financial LLC boosted its position in shares of iShares Morningstar U.S. Equity ETF by 352.9% during the 4th quarter. LPL Financial LLC now owns 1,261,498 shares of the company’s stock worth $102,383,000 after purchasing an additional 982,931 shares during the period. Wells Fargo & Company MN lifted its stake in iShares Morningstar U.S. Equity ETF by 35.9% during the fourth quarter. Wells Fargo & Company MN now owns 494,414 shares of the company’s stock worth $40,127,000 after purchasing an additional 130,531 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of iShares Morningstar U.S. Equity ETF by 2.8% during the fourth quarter. JPMorgan Chase & Co. now owns 142,825 shares of the company’s stock worth $11,592,000 after buying an additional 3,868 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of iShares Morningstar U.S. Equity ETF in the fourth quarter valued at $10,936,000. Finally, Merit Financial Group LLC raised its holdings in shares of iShares Morningstar U.S. Equity ETF by 0.7% in the 4th quarter. Merit Financial Group LLC now owns 66,113 shares of the company’s stock valued at $5,366,000 after buying an additional 440 shares during the period.

iShares Morningstar U.S. Equity ETF Price Performance

Shares of iShares Morningstar U.S. Equity ETF stock opened at $78.18 on Friday. The stock has a market capitalization of $1.12 billion, a price-to-earnings ratio of 24.53 and a beta of 1.03. The business has a 50-day moving average of $76.01 and a 200 day moving average of $80.32. iShares Morningstar U.S. Equity ETF has a 12 month low of $66.68 and a 12 month high of $85.08.

iShares Morningstar U.S. Equity ETF Company 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.