Wealth Forward LLC Takes $8.98 Million Position in iShares Morningstar U.S. Equity ETF $ILCB

Wealth Forward LLC purchased a new stake in iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 97,108 shares of the company’s stock, valued at approximately $8,975,000. iShares Morningstar U.S. Equity ETF accounts for about 5.2% of Wealth Forward LLC’s portfolio, making the stock its 8th largest position.

A number of other hedge funds also recently added to or reduced their stakes in ILCB. Money Concepts Capital Corp grew its position in iShares Morningstar U.S. Equity ETF by 0.6% in the 3rd quarter. Money Concepts Capital Corp now owns 17,029 shares of the company’s stock valued at $1,574,000 after buying an additional 107 shares during the last quarter. Global Retirement Partners LLC boosted its holdings in shares of iShares Morningstar U.S. Equity ETF by 0.6% in the third quarter. Global Retirement Partners LLC now owns 28,845 shares of the company’s stock valued at $2,666,000 after acquiring an additional 179 shares in the last quarter. Merit Financial Group LLC raised its position in iShares Morningstar U.S. Equity ETF by 0.3% in the third quarter. Merit Financial Group LLC now owns 71,336 shares of the company’s stock worth $6,593,000 after acquiring an additional 186 shares in the last quarter. Savant Capital LLC boosted its stake in shares of iShares Morningstar U.S. Equity ETF by 1.9% during the 2nd quarter. Savant Capital LLC now owns 13,463 shares of the company’s stock worth $1,155,000 after acquiring an additional 251 shares in the last quarter. Finally, TFB Advisors LLC raised its position in shares of iShares Morningstar U.S. Equity ETF by 6.5% in the third quarter. TFB Advisors LLC now owns 4,428 shares of the company’s stock valued at $407,000 after buying an additional 270 shares during the last quarter.

iShares Morningstar U.S. Equity ETF Trading Up 0.0%

ILCB stock opened at $95.56 on Thursday. The stock has a 50-day moving average price of $95.12 and a two-hundred day moving average price of $92.76. The company has a market cap of $1.19 billion, a PE ratio of 26.16 and a beta of 1.01. iShares Morningstar U.S. Equity ETF has a 12-month low of $66.68 and a 12-month high of $96.54.

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.