iShares Morningstar U.S. Equity ETF $ILCB Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. increased its holdings in shares of iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) by 39.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 26,076 shares of the company’s stock after acquiring an additional 7,348 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 0.21% of iShares Morningstar U.S. Equity ETF worth $2,461,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Flagship Harbor Advisors LLC acquired a new stake in iShares Morningstar U.S. Equity ETF during the fourth quarter worth about $30,000. Olistico Wealth LLC acquired a new stake in iShares Morningstar U.S. Equity ETF during the fourth quarter worth about $45,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in iShares Morningstar U.S. Equity ETF during the fourth quarter worth about $57,000. Advisory Services Network LLC acquired a new stake in iShares Morningstar U.S. Equity ETF during the third quarter worth about $96,000. Finally, Allworth Financial LP raised its stake in iShares Morningstar U.S. Equity ETF by 18.9% during the third quarter. Allworth Financial LP now owns 1,696 shares of the company’s stock worth $157,000 after acquiring an additional 270 shares during the period.

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

ILCB opened at $102.34 on Friday. The firm has a market cap of $1.26 billion, a price-to-earnings ratio of 26.16 and a beta of 1.02. iShares Morningstar U.S. Equity ETF has a fifty-two week low of $82.30 and a fifty-two week high of $105.39. The company’s 50-day moving average price is $98.61 and its 200 day moving average price is $95.76.

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.