Commonwealth Financial Services LLC Grows Stake in iShares Morningstar U.S. Equity ETF $ILCB

Commonwealth Financial Services LLC lifted its stake in shares of iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCBFree Report) by 11.7% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,356 shares of the company’s stock after purchasing an additional 1,709 shares during the period. Commonwealth Financial Services LLC’s holdings in iShares Morningstar U.S. Equity ETF were worth $1,403,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Creative Capital Management Investments LLC purchased a new stake in shares of iShares Morningstar U.S. Equity ETF during the first quarter worth about $62,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of iShares Morningstar U.S. Equity ETF by 25.5% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,877 shares of the company’s stock worth $161,000 after purchasing an additional 381 shares in the last quarter. Wealthcare Advisory Partners LLC purchased a new stake in shares of iShares Morningstar U.S. Equity ETF during the second quarter worth about $202,000. Evanson Asset Management LLC purchased a new stake in shares of iShares Morningstar U.S. Equity ETF during the second quarter worth about $214,000. Finally, HCR Wealth Advisors purchased a new stake in shares of iShares Morningstar U.S. Equity ETF during the second quarter worth about $218,000.

iShares Morningstar U.S. Equity ETF Trading Down 2.6%

Shares of NYSEARCA ILCB opened at $90.64 on Friday. iShares Morningstar U.S. Equity ETF has a 12-month low of $66.68 and a 12-month high of $93.53. The stock has a market cap of $1.12 billion, a PE ratio of 26.16 and a beta of 1.01. The company has a 50-day moving average of $90.42 and a 200 day moving average of $84.23.

About iShares Morningstar U.S. Equity ETF

(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.

Further Reading

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

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