Gladstone Institutional Advisory LLC Sells 5,514 Shares of iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB)

Gladstone Institutional Advisory LLC lessened its stake in iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) by 4.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 127,997 shares of the company’s stock after selling 5,514 shares during the quarter. Gladstone Institutional Advisory LLC owned approximately 1.04% of iShares Morningstar U.S. Equity ETF worth $10,388,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Jane Street Group LLC purchased a new stake in iShares Morningstar U.S. Equity ETF in the third quarter worth $410,000. Stifel Financial Corp increased its holdings in iShares Morningstar U.S. Equity ETF by 44.0% in the 3rd quarter. Stifel Financial Corp now owns 9,158 shares of the company’s stock worth $726,000 after acquiring an additional 2,799 shares during the last quarter. JPMorgan Chase & Co. raised its stake in iShares Morningstar U.S. Equity ETF by 14.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 138,957 shares of the company’s stock valued at $11,010,000 after acquiring an additional 17,260 shares during the period. Capital Management Associates Inc lifted its holdings in iShares Morningstar U.S. Equity ETF by 4.1% during the fourth quarter. Capital Management Associates Inc now owns 6,696 shares of the company’s stock valued at $543,000 after purchasing an additional 265 shares during the last quarter. Finally, Thrivent Financial for Lutherans boosted its position in iShares Morningstar U.S. Equity ETF by 17.7% during the third quarter. Thrivent Financial for Lutherans now owns 9,045 shares of the company’s stock worth $717,000 after purchasing an additional 1,361 shares during the period.

iShares Morningstar U.S. Equity ETF Stock Down 0.1 %

ILCB opened at $83.99 on Wednesday. The firm has a 50-day moving average price of $82.97 and a 200-day moving average price of $80.20. iShares Morningstar U.S. Equity ETF has a twelve month low of $67.95 and a twelve month high of $84.73. The company has a market capitalization of $1.03 billion, a price-to-earnings ratio of 26.03 and a beta of 1.01.

About iShares Morningstar U.S. Equity ETF

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.