Money Concepts Capital Corp Buys 3,831 Shares of iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB)

Money Concepts Capital Corp boosted its position in shares of iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) by 28.9% during the 4th quarter, Holdings Channel reports. The institutional investor owned 17,074 shares of the company’s stock after purchasing an additional 3,831 shares during the quarter. Money Concepts Capital Corp’s holdings in iShares Morningstar U.S. Equity ETF were worth $1,386,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Commonwealth Financial Services LLC lifted its stake in shares of iShares Morningstar U.S. Equity ETF by 18.2% during the fourth quarter. Commonwealth Financial Services LLC now owns 11,933 shares of the company’s stock valued at $969,000 after acquiring an additional 1,836 shares during the period. Trinity Wealth Management LLC lifted its position in 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 period. Jim Saulnier & Associates LLC boosted its stake in shares of iShares Morningstar U.S. Equity ETF by 24.8% in the 4th quarter. Jim Saulnier & Associates LLC now owns 40,174 shares of the company’s stock valued at $3,260,000 after purchasing an additional 7,977 shares during the last quarter. Kingswood Wealth Advisors LLC acquired a new stake in shares of iShares Morningstar U.S. Equity ETF during the 4th quarter worth approximately $281,000. Finally, Evanson Asset Management LLC bought a new stake in shares of iShares Morningstar U.S. Equity ETF during the fourth quarter worth approximately $203,000.

iShares Morningstar U.S. Equity ETF Stock Performance

Shares of ILCB stock opened at $83.99 on Thursday. The firm’s 50 day moving average price is $82.95 and its two-hundred day moving average price is $79.93. iShares Morningstar U.S. Equity ETF has a 52-week low of $67.95 and a 52-week high of $84.73. The stock has a market cap of $1.03 billion, a PE 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.