Jim Saulnier & Associates LLC Cuts Holdings in iShares Morningstar U.S. Equity ETF $ILCB

Jim Saulnier & Associates LLC trimmed its stake in iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) by 6.1% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 39,098 shares of the company’s stock after selling 2,546 shares during the period. iShares Morningstar U.S. Equity ETF accounts for about 2.3% of Jim Saulnier & Associates LLC’s investment portfolio, making the stock its 10th largest position. Jim Saulnier & Associates LLC’s holdings in iShares Morningstar U.S. Equity ETF were worth $3,354,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in ILCB. Jones Financial Companies Lllp raised its stake in shares of iShares Morningstar U.S. Equity ETF by 112,936.4% in the 1st quarter. Jones Financial Companies Lllp now owns 307,459 shares of the company’s stock valued at $23,754,000 after acquiring an additional 307,187 shares in the last quarter. Exchange Traded Concepts LLC bought a new position in shares of iShares Morningstar U.S. Equity ETF in the 2nd quarter valued at approximately $23,410,000. Elevation Capital Advisory LLC bought a new position in shares of iShares Morningstar U.S. Equity ETF in the 1st quarter valued at approximately $6,803,000. Ameriprise Financial Inc. raised its stake in shares of iShares Morningstar U.S. Equity ETF by 17.6% in the 1st quarter. Ameriprise Financial Inc. now owns 477,211 shares of the company’s stock valued at $36,869,000 after acquiring an additional 71,260 shares in the last quarter. Finally, Goldman Sachs Group Inc. bought a new position in shares of iShares Morningstar U.S. Equity ETF in the 1st quarter valued at approximately $3,563,000.

iShares Morningstar U.S. Equity ETF Stock Up 0.4%

ILCB opened at $94.72 on Friday. The firm has a market capitalization of $1.18 billion, a P/E ratio of 26.16 and a beta of 1.01. The stock’s 50 day moving average price is $91.88 and its two-hundred day moving average price is $86.25. iShares Morningstar U.S. Equity ETF has a 12-month low of $66.68 and a 12-month high of $95.55.

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.