Synergy Investment Management LLC acquired a new stake in shares of iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 2,846 shares of the company’s stock, valued at approximately $231,000.
Several other large investors have also modified their holdings of the stock. Evanson Asset Management LLC acquired a new stake in shares of iShares Morningstar U.S. Equity ETF during the fourth quarter worth $203,000. Kingswood Wealth Advisors LLC acquired a new stake in iShares Morningstar U.S. Equity ETF during the 4th quarter worth about $281,000. Steward Partners Investment Advisory LLC lifted its stake in iShares Morningstar U.S. Equity ETF by 9.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,018 shares of the company’s stock valued at $326,000 after buying an additional 333 shares in the last quarter. Portland Financial Advisors Inc acquired a new position in shares of iShares Morningstar U.S. Equity ETF in the fourth quarter worth about $356,000. Finally, MidAtlantic Capital Management Inc. purchased a new position in shares of iShares Morningstar U.S. Equity ETF in the third quarter worth approximately $352,000.
iShares Morningstar U.S. Equity ETF Price Performance
ILCB stock opened at $80.83 on Tuesday. The firm has a market capitalization of $994.21 million, a P/E ratio of 26.03 and a beta of 1.01. iShares Morningstar U.S. Equity ETF has a 52-week low of $68.34 and a 52-week high of $85.07. The company’s 50 day simple moving average is $82.95 and its 200-day simple moving average is $81.12.
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.
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