Farmers & Merchants Investments Inc. Trims Stake in iShares Morningstar U.S. Equity ETF $ILCB

Farmers & Merchants Investments Inc. lowered its position in iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCBFree Report) by 5.8% during the 2nd quarter, HoldingsChannel reports. The firm owned 1,959 shares of the company’s stock after selling 121 shares during the period. Farmers & Merchants Investments Inc.’s holdings in iShares Morningstar U.S. Equity ETF were worth $168,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. Janney Montgomery Scott LLC purchased a new position in iShares Morningstar U.S. Equity ETF during the first quarter worth about $345,000. CWM LLC grew its holdings in shares of iShares Morningstar U.S. Equity ETF by 3.8% during the first quarter. CWM LLC now owns 8,433 shares of the company’s stock worth $652,000 after purchasing an additional 310 shares in the last quarter. Cerity Partners LLC grew its holdings in shares of iShares Morningstar U.S. Equity ETF by 2.6% during the first quarter. Cerity Partners LLC now owns 5,150 shares of the company’s stock worth $398,000 after purchasing an additional 131 shares in the last quarter. Kingswood Wealth Advisors LLC increased its position in shares of iShares Morningstar U.S. Equity ETF by 18.1% in the first quarter. Kingswood Wealth Advisors LLC now owns 4,090 shares of the company’s stock worth $316,000 after purchasing an additional 627 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. raised its stake in iShares Morningstar U.S. Equity ETF by 6.6% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 3,231 shares of the company’s stock valued at $250,000 after purchasing an additional 199 shares in the last quarter.

iShares Morningstar U.S. Equity ETF Price Performance

Shares of iShares Morningstar U.S. Equity ETF stock opened at $92.67 on Tuesday. iShares Morningstar U.S. Equity ETF has a 1 year low of $66.68 and a 1 year high of $92.68. The firm has a market cap of $1.14 billion, a PE ratio of 26.16 and a beta of 1.01. The company has a 50 day simple moving average of $89.04 and a two-hundred day simple moving average of $82.86.

iShares Morningstar U.S. Equity ETF Company Profile

(Free Report)

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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Institutional Ownership by Quarter for iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB)

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