Raymond James Financial Inc. Buys New Shares in iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB)

Raymond James Financial Inc. purchased a new position in shares of iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 134,744 shares of the company’s stock, valued at approximately $10,936,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. American Trust grew its position in iShares Morningstar U.S. Equity ETF by 1.2% during the third quarter. American Trust now owns 15,798 shares of the company’s stock valued at $1,252,000 after acquiring an additional 188 shares during the last quarter. Trinity Wealth Management LLC grew its holdings in shares of iShares Morningstar U.S. Equity ETF by 1.2% during 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 last quarter. Capital Management Associates Inc raised its position in iShares Morningstar U.S. Equity ETF by 4.1% in the 4th quarter. Capital Management Associates Inc now owns 6,696 shares of the company’s stock worth $543,000 after purchasing an additional 265 shares during the period. J.W. Cole Advisors Inc. lifted its stake in iShares Morningstar U.S. Equity ETF by 1.0% in the fourth quarter. J.W. Cole Advisors Inc. now owns 28,269 shares of the company’s stock worth $2,294,000 after purchasing an additional 280 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its position in iShares Morningstar U.S. Equity ETF by 9.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,018 shares of the company’s stock valued at $326,000 after buying an additional 333 shares during the period.

iShares Morningstar U.S. Equity ETF Trading Down 0.3 %

ILCB opened at $78.01 on Friday. The company has a market cap of $1.12 billion, a P/E ratio of 25.88 and a beta of 1.02. iShares Morningstar U.S. Equity ETF has a 12 month low of $68.34 and a 12 month high of $85.08. The business’s 50-day moving average price is $81.95 and its 200-day moving average price is $81.15.

iShares Morningstar U.S. Equity ETF Company 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.