iShares Morningstar U.S. Equity ETF $ILCB Stock: Wealth Forward LLC Cuts Position

Wealth Forward LLC lowered its stake in shares of iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) by 44.3% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 56,151 shares of the company’s stock after selling 44,652 shares during the period. iShares Morningstar U.S. Equity ETF comprises about 2.6% of Wealth Forward LLC’s investment portfolio, making the stock its 11th biggest holding. Wealth Forward LLC owned 0.46% of iShares Morningstar U.S. Equity ETF worth $5,933,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Cetera Investment Advisers raised its holdings in shares of iShares Morningstar U.S. Equity ETF by 4.9% during the first quarter. Cetera Investment Advisers now owns 218,649 shares of the company’s stock worth $19,648,000 after acquiring an additional 10,298 shares in the last quarter. Royal Bank of Canada raised its position in iShares Morningstar U.S. Equity ETF by 163.2% during the first quarter. Royal Bank of Canada now owns 117,728 shares of the company’s stock valued at $10,579,000 after acquiring an additional 73,004 shares in the last quarter. Bank of America Corp DE raised its position in iShares Morningstar U.S. Equity ETF by 13.0% during the first quarter. Bank of America Corp DE now owns 114,117 shares of the company’s stock valued at $10,255,000 after acquiring an additional 13,157 shares in the last quarter. Corient Private Wealth LP raised its position in iShares Morningstar U.S. Equity ETF by 0.3% during the second quarter. Corient Private Wealth LP now owns 96,203 shares of the company’s stock valued at $9,971,000 after acquiring an additional 291 shares in the last quarter. Finally, Corient Private Wealth LLC lifted its stake in iShares Morningstar U.S. Equity ETF by 4.3% in the fourth quarter. Corient Private Wealth LLC now owns 93,022 shares of the company’s stock valued at $8,779,000 after acquiring an additional 3,875 shares during the last quarter.

iShares Morningstar U.S. Equity ETF Price Performance

Shares of ILCB stock traded down $0.02 on Wednesday, hitting $107.90. The company’s stock had a trading volume of 5,266 shares, compared to its average volume of 16,511. iShares Morningstar U.S. Equity ETF has a fifty-two week low of $86.96 and a fifty-two week high of $108.11. The firm’s fifty day moving average price is $106.52 and its 200-day moving average price is $102.74. The stock has a market capitalization of $1.32 billion, a price-to-earnings ratio of 26.16 and a beta of -1.08.

About iShares Morningstar U.S. Equity ETF

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.