Kovitz Investment Group Partners LLC Lowers Stock Position in iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB)

Kovitz Investment Group Partners LLC cut its holdings in iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) by 4.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,170 shares of the company’s stock after selling 535 shares during the quarter. Kovitz Investment Group Partners LLC owned approximately 0.10% of iShares Morningstar U.S. Equity ETF worth $988,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Harvest Investment Services LLC purchased a new position in shares of iShares Morningstar U.S. Equity ETF in the 4th quarter worth about $201,000. Stifel Financial Corp increased its stake in iShares Morningstar U.S. Equity ETF by 7.1% during the 4th quarter. Stifel Financial Corp now owns 9,807 shares of the company’s stock valued at $796,000 after purchasing an additional 649 shares in the last quarter. MML Investors Services LLC raised its holdings in iShares Morningstar U.S. Equity ETF by 14.5% in the fourth quarter. MML Investors Services LLC now owns 30,888 shares of the company’s stock worth $2,507,000 after buying an additional 3,918 shares during the last quarter. Russell Investments Group Ltd. lifted its stake in shares of iShares Morningstar U.S. Equity ETF by 286.3% in the fourth quarter. Russell Investments Group Ltd. now owns 394 shares of the company’s stock worth $32,000 after buying an additional 292 shares in the last quarter. Finally, Wells Fargo & Company MN grew its holdings in shares of iShares Morningstar U.S. Equity ETF by 35.9% during the fourth quarter. Wells Fargo & Company MN now owns 494,414 shares of the company’s stock valued at $40,127,000 after buying an additional 130,531 shares during the last quarter.

iShares Morningstar U.S. Equity ETF Trading Up 0.6 %

Shares of ILCB opened at $76.73 on Wednesday. The company has a market cap of $1.10 billion, a price-to-earnings ratio of 22.09 and a beta of 1.02. The business’s fifty day simple moving average is $76.65 and its two-hundred day simple moving average is $80.47. iShares Morningstar U.S. Equity ETF has a 12 month low of $66.68 and a 12 month high of $85.08.

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.