Wealth Enhancement Advisory Services LLC Has $14.08 Million Stock Position in iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB)

Wealth Enhancement Advisory Services LLC trimmed its position in iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) by 7.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 173,522 shares of the company’s stock after selling 13,253 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in iShares Morningstar U.S. Equity ETF were worth $14,083,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ILCB. Kingswood Wealth Advisors LLC acquired a new stake in iShares Morningstar U.S. Equity ETF in the fourth quarter worth about $281,000. Trinity Wealth Management LLC increased its position in iShares Morningstar U.S. Equity ETF by 1.2% in the fourth quarter. Trinity Wealth Management LLC now owns 16,373 shares of the company’s stock worth $1,329,000 after purchasing an additional 198 shares during the period. Commonwealth Financial Services LLC increased its position in iShares Morningstar U.S. Equity ETF by 18.2% in the fourth quarter. Commonwealth Financial Services LLC now owns 11,933 shares of the company’s stock worth $969,000 after purchasing an additional 1,836 shares during the period. Money Concepts Capital Corp increased its position in iShares Morningstar U.S. Equity ETF by 28.9% in the fourth quarter. Money Concepts Capital Corp now owns 17,074 shares of the company’s stock worth $1,386,000 after purchasing an additional 3,831 shares during the period. Finally, Capital Management Associates Inc increased its position in iShares Morningstar U.S. Equity ETF by 4.1% in the fourth quarter. Capital Management Associates Inc now owns 6,696 shares of the company’s stock worth $543,000 after purchasing an additional 265 shares during the period.

iShares Morningstar U.S. Equity ETF Stock Down 0.3%

Shares of ILCB stock opened at $81.53 on Friday. The stock has a 50-day moving average price of $76.95 and a 200 day moving average price of $80.40. The firm has a market cap of $1.17 billion, a price-to-earnings ratio of 25.20 and a beta of 1.03. 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.