iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) Stake Lessened by Brand Asset Management Group Inc.

Brand Asset Management Group Inc. lowered its holdings in iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) by 17.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 46,233 shares of the company’s stock after selling 9,570 shares during the period. iShares Morningstar U.S. Equity ETF comprises about 1.5% of Brand Asset Management Group Inc.’s investment portfolio, making the stock its 17th biggest holding. Brand Asset Management Group Inc.’s holdings in iShares Morningstar U.S. Equity ETF were worth $3,752,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of ILCB. Thrivent Financial for Lutherans grew its holdings in iShares Morningstar U.S. Equity ETF by 16.4% during the second quarter. Thrivent Financial for Lutherans now owns 7,684 shares of the company’s stock worth $578,000 after acquiring an additional 1,081 shares during the period. Commonwealth Financial Services LLC acquired a new stake in shares of iShares Morningstar U.S. Equity ETF during the 2nd quarter valued at $671,000. Creative Planning raised its stake in shares of iShares Morningstar U.S. Equity ETF by 5.3% during the 2nd quarter. Creative Planning now owns 7,983 shares of the company’s stock worth $600,000 after purchasing an additional 400 shares in the last quarter. New Century Financial Group LLC bought a new stake in iShares Morningstar U.S. Equity ETF in the second quarter worth approximately $202,000. Finally, Sanctuary Advisors LLC bought a new position in iShares Morningstar U.S. Equity ETF during the second quarter valued at about $533,000.

iShares Morningstar U.S. Equity ETF Price Performance

NYSEARCA ILCB opened at $82.96 on Friday. The firm has a market capitalization of $1.02 billion, a price-to-earnings ratio of 26.03 and a beta of 1.01. iShares Morningstar U.S. Equity ETF has a 52-week low of $65.29 and a 52-week high of $84.65. The company’s fifty day moving average is $82.61 and its two-hundred day moving average is $79.28.

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.