Evanson Asset Management LLC Makes New Investment in iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB)

Evanson Asset Management LLC purchased a new stake in iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,500 shares of the company’s stock, valued at approximately $203,000.

A number of other hedge funds also recently made changes to their positions in ILCB. HCR Wealth Advisors bought a new stake in iShares Morningstar U.S. Equity ETF during the third quarter valued at $201,000. New Century Financial Group LLC bought a new stake in shares of iShares Morningstar U.S. Equity ETF during the 2nd quarter valued at about $202,000. MidAtlantic Capital Management Inc. acquired a new stake in iShares Morningstar U.S. Equity ETF during the third quarter worth approximately $352,000. Jane Street Group LLC acquired a new position in iShares Morningstar U.S. Equity ETF in the third quarter valued at approximately $410,000. Finally, Sanctuary Advisors LLC acquired a new position in iShares Morningstar U.S. Equity ETF in the second quarter valued at approximately $533,000.

iShares Morningstar U.S. Equity ETF Stock Up 1.1 %

Shares of ILCB stock opened at $82.96 on Tuesday. The firm has a 50 day moving average of $82.61 and a 200-day moving average of $79.37. The company has a market cap 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.

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.