LPL Financial LLC Buys 982,931 Shares of iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB)

LPL Financial LLC increased its stake in shares of iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) by 352.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,261,498 shares of the company’s stock after buying an additional 982,931 shares during the quarter. LPL Financial LLC owned 0.10% of iShares Morningstar U.S. Equity ETF worth $102,383,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Evanson Asset Management LLC bought a new stake in shares of iShares Morningstar U.S. Equity ETF in the 4th quarter worth $203,000. Synergy Investment Management LLC purchased a new position in iShares Morningstar U.S. Equity ETF during the fourth quarter worth about $231,000. Envestnet Portfolio Solutions Inc. bought a new stake in iShares Morningstar U.S. Equity ETF in the 4th quarter worth about $246,000. Kingswood Wealth Advisors LLC purchased a new stake in iShares Morningstar U.S. Equity ETF in the 4th quarter valued at about $281,000. Finally, Steward Partners Investment Advisory LLC lifted its position in shares of iShares Morningstar U.S. Equity ETF by 9.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,018 shares of the company’s stock worth $326,000 after buying an additional 333 shares in the last quarter.

iShares Morningstar U.S. Equity ETF Stock Up 0.2 %

Shares of NYSEARCA ILCB opened at $79.65 on Wednesday. The company has a market capitalization of $1.14 billion, a PE ratio of 24.96 and a beta of 1.02. The stock’s 50 day moving average price is $81.85 and its 200-day moving average price is $81.29. iShares Morningstar U.S. Equity ETF has a twelve month low of $68.34 and a twelve month high of $85.08.

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.