Raymond James Financial Inc. Reduces Position in iShares Morningstar U.S. Equity ETF $ILCB

Raymond James Financial Inc. cut its position in shares of iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) by 59.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 54,669 shares of the company’s stock after selling 80,076 shares during the period. Raymond James Financial Inc.’s holdings in iShares Morningstar U.S. Equity ETF were worth $4,224,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Aptus Capital Advisors LLC purchased a new position in shares of iShares Morningstar U.S. Equity ETF during the 4th quarter worth about $30,000. Creative Capital Management Investments LLC purchased a new stake in iShares Morningstar U.S. Equity ETF in the 1st quarter valued at about $62,000. Thurston Springer Miller Herd & Titak Inc. boosted its position in iShares Morningstar U.S. Equity ETF by 42.7% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,496 shares of the company’s stock valued at $116,000 after buying an additional 448 shares during the period. Blue Sky Capital Consultants Group Inc. purchased a new stake in iShares Morningstar U.S. Equity ETF in the 4th quarter valued at about $222,000. Finally, Financial Engines Advisors L.L.C. purchased a new stake in iShares Morningstar U.S. Equity ETF in the 1st quarter valued at about $241,000.

iShares Morningstar U.S. Equity ETF Price Performance

iShares Morningstar U.S. Equity ETF stock opened at $89.77 on Friday. The stock has a market cap of $1.11 billion, a price-to-earnings ratio of 26.16 and a beta of 1.01. iShares Morningstar U.S. Equity ETF has a 1 year low of $66.68 and a 1 year high of $90.49. The firm has a 50-day moving average of $87.95 and a two-hundred day moving average of $82.13.

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.