Commonwealth Financial Services LLC Grows Position in iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB)

Commonwealth Financial Services LLC increased its position in iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) by 18.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 11,933 shares of the company’s stock after purchasing an additional 1,836 shares during the quarter. Commonwealth Financial Services LLC’s holdings in iShares Morningstar U.S. Equity ETF were worth $969,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Trinity Wealth Management LLC lifted its stake in shares of iShares Morningstar U.S. Equity ETF by 1.2% in the 4th quarter. Trinity Wealth Management LLC now owns 16,373 shares of the company’s stock valued at $1,329,000 after purchasing an additional 198 shares during the period. Jim Saulnier & Associates LLC lifted its stake in shares of iShares Morningstar U.S. Equity ETF by 24.8% in the 4th quarter. Jim Saulnier & Associates LLC now owns 40,174 shares of the company’s stock valued at $3,260,000 after purchasing an additional 7,977 shares during the period. Kingswood Wealth Advisors LLC purchased a new position in shares of iShares Morningstar U.S. Equity ETF in the 4th quarter valued at approximately $281,000. Evanson Asset Management LLC purchased a new position in shares of iShares Morningstar U.S. Equity ETF in the 4th quarter valued at approximately $203,000. Finally, Merit Financial Group LLC lifted its stake in shares of iShares Morningstar U.S. Equity ETF by 0.7% in the 4th quarter. Merit Financial Group LLC now owns 66,113 shares of the company’s stock valued at $5,366,000 after purchasing an additional 440 shares during the period.

iShares Morningstar U.S. Equity ETF Trading Down 0.8 %

Shares of NYSEARCA:ILCB opened at $83.00 on Tuesday. The stock has a fifty day simple moving average of $82.93 and a two-hundred day simple moving average of $79.85. The stock has a market capitalization of $1.02 billion, a price-to-earnings ratio of 26.03 and a beta of 1.01. iShares Morningstar U.S. Equity ETF has a 12-month low of $67.81 and a 12-month high of $84.73.

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.