iShares Morningstar U.S. Equity ETF $ILCB Shares Newly Acquired by Commonwealth Financial Services LLC

by · The Markets Daily

Commonwealth Financial Services LLC acquired a new position in iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 41,407 shares of the company’s stock, valued at approximately $4,375,000. iShares Morningstar U.S. Equity ETF comprises approximately 0.8% of Commonwealth Financial Services LLC’s investment portfolio, making the stock its 26th largest position. Commonwealth Financial Services LLC owned 0.34% of iShares Morningstar U.S. Equity ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ILCB. Pacific Sun Financial Corp grew its stake in shares of iShares Morningstar U.S. Equity ETF by 1.3% during the first quarter. Pacific Sun Financial Corp now owns 7,820 shares of the company’s stock worth $703,000 after purchasing an additional 100 shares during the period. Kestra Advisory Services LLC increased its position in shares of iShares Morningstar U.S. Equity ETF by 2.3% during the first quarter. Kestra Advisory Services LLC now owns 10,739 shares of the company’s stock worth $965,000 after acquiring an additional 245 shares in the last quarter. Corient Private Wealth LP increased its holdings in iShares Morningstar U.S. Equity ETF by 0.3% during the 2nd quarter. Corient Private Wealth LP now owns 96,203 shares of the company’s stock worth $9,971,000 after purchasing an additional 291 shares in the last quarter. Compass Financial Management LLC acquired a new stake in iShares Morningstar U.S. Equity ETF in the 2nd quarter valued at $43,000. Finally, Western Wealth Management LLC acquired a new stake in shares of iShares Morningstar U.S. Equity ETF in the first quarter valued at about $45,000.

iShares Morningstar U.S. Equity ETF Price Performance

ILCB stock traded up $0.49 during mid-day trading on Tuesday, reaching $106.28. The company had a trading volume of 8,082 shares, compared to its average volume of 16,511. The company has a market capitalization of $1.30 billion, a price-to-earnings ratio of 26.16 and a beta of 0.99. iShares Morningstar U.S. Equity ETF has a 52 week low of $86.96 and a 52 week high of $108.11. The stock has a 50 day simple moving average of $106.51 and a two-hundred day simple moving average of $103.26.

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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