Brightwater Advisory LLC Acquires New Position in iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB)

Brightwater Advisory LLC bought a new stake in shares of iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) in the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 7,634 shares of the company’s stock, valued at approximately $574,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wells Fargo & Company MN raised its holdings in shares of iShares Morningstar U.S. Equity ETF by 94.5% during the fourth quarter. Wells Fargo & Company MN now owns 112,296 shares of the company’s stock valued at $7,385,000 after buying an additional 54,575 shares during the last quarter. Vima LLC bought a new stake in iShares Morningstar U.S. Equity ETF during the 4th quarter valued at $48,000. American Trust boosted its position in iShares Morningstar U.S. Equity ETF by 6.4% during the 1st quarter. American Trust now owns 15,553 shares of the company’s stock worth $1,127,000 after acquiring an additional 936 shares during the period. Commonwealth Financial Services LLC bought a new position in shares of iShares Morningstar U.S. Equity ETF in the second quarter worth $671,000. Finally, Strategic Blueprint LLC grew its stake in shares of iShares Morningstar U.S. Equity ETF by 4.3% in the second quarter. Strategic Blueprint LLC now owns 9,314 shares of the company’s stock worth $700,000 after purchasing an additional 384 shares in the last quarter.

iShares Morningstar U.S. Equity ETF Stock Down 0.8 %

Shares of NYSEARCA ILCB opened at $78.58 on Wednesday. The stock has a market cap of $966.53 million, a P/E ratio of 26.03 and a beta of 1.01. The firm’s 50-day simple moving average is $76.34 and its 200 day simple moving average is $74.26. iShares Morningstar U.S. Equity ETF has a fifty-two week low of $56.38 and a fifty-two week high of $79.40.

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.