iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) Shares Acquired by Merit Financial Group LLC

Merit Financial Group LLC increased its holdings in shares of iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) by 0.7% in the fourth quarter, Holdings Channel reports. The firm owned 66,113 shares of the company’s stock after buying an additional 440 shares during the quarter. Merit Financial Group LLC’s holdings in iShares Morningstar U.S. Equity ETF were worth $5,366,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. JPMorgan Chase & Co. raised its holdings in shares of iShares Morningstar U.S. Equity ETF by 14.2% in the third quarter. JPMorgan Chase & Co. now owns 138,957 shares of the company’s stock valued at $11,010,000 after buying an additional 17,260 shares during the last quarter. B. Riley Wealth Advisors Inc. acquired a new stake in iShares Morningstar U.S. Equity ETF during the 3rd quarter worth approximately $674,000. American Trust lifted its position in iShares Morningstar U.S. Equity ETF by 1.2% during the 3rd quarter. American Trust now owns 15,798 shares of the company’s stock worth $1,252,000 after acquiring an additional 188 shares during the period. MML Investors Services LLC grew its stake in shares of iShares Morningstar U.S. Equity ETF by 1.5% in the 3rd quarter. MML Investors Services LLC now owns 26,970 shares of the company’s stock valued at $2,137,000 after purchasing an additional 394 shares during the last quarter. Finally, Orion Portfolio Solutions LLC increased its holdings in shares of iShares Morningstar U.S. Equity ETF by 161.0% in the third quarter. Orion Portfolio Solutions LLC now owns 15,750 shares of the company’s stock valued at $1,248,000 after purchasing an additional 9,715 shares during the period.

iShares Morningstar U.S. Equity ETF Price Performance

Shares of NYSEARCA ILCB opened at $82.96 on Friday. The stock has a fifty day moving average price of $82.61 and a 200 day moving average price of $79.30. iShares Morningstar U.S. Equity ETF has a 1-year low of $65.29 and a 1-year high of $84.65. The company has a market cap of $1.02 billion, a PE ratio of 26.03 and a beta of 1.01.

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.