Royal Bank of Canada Increases Stake in iShares Morningstar U.S. Equity ETF $ILCB

Royal Bank of Canada lifted its holdings in shares of iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCBFree Report) by 163.2% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 117,728 shares of the company’s stock after purchasing an additional 73,004 shares during the period. Royal Bank of Canada’s holdings in iShares Morningstar U.S. Equity ETF were worth $10,579,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in ILCB. Integrated Wealth Concepts LLC bought a new stake in iShares Morningstar U.S. Equity ETF in the first quarter worth $214,000. Goldman Sachs Group Inc. bought a new position in shares of iShares Morningstar U.S. Equity ETF during the first quarter valued at about $3,563,000. Jane Street Group LLC grew its stake in shares of iShares Morningstar U.S. Equity ETF by 76.8% during the first quarter. Jane Street Group LLC now owns 6,659 shares of the company’s stock valued at $514,000 after buying an additional 2,893 shares during the last quarter. Focus Partners Wealth purchased a new position in shares of iShares Morningstar U.S. Equity ETF in the first quarter worth about $273,000. Finally, Cerity Partners LLC increased its holdings in shares of iShares Morningstar U.S. Equity ETF by 287.8% in the second quarter. Cerity Partners LLC now owns 19,972 shares of the company’s stock worth $1,713,000 after buying an additional 14,822 shares during the period.

iShares Morningstar U.S. Equity ETF Trading Up 0.7%

NYSEARCA ILCB opened at $107.22 on Friday. iShares Morningstar U.S. Equity ETF has a 1-year low of $86.96 and a 1-year high of $107.63. The stock has a 50-day moving average of $103.52 and a 200-day moving average of $98.60. The firm has a market cap of $1.32 billion, a PE ratio of 26.16 and a beta of 1.02.

iShares Morningstar U.S. Equity ETF 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.

See Also

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

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