iShares Morningstar U.S. Equity ETF $ILCB Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. decreased its stake in iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) by 5.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 129,462 shares of the company’s stock after selling 7,631 shares during the period. JPMorgan Chase & Co. owned 1.05% of iShares Morningstar U.S. Equity ETF worth $11,105,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in ILCB. Ameriprise Financial Inc. lifted its stake in iShares Morningstar U.S. Equity ETF by 17.6% in the first quarter. Ameriprise Financial Inc. now owns 477,211 shares of the company’s stock valued at $36,869,000 after buying an additional 71,260 shares during the last quarter. Jones Financial Companies Lllp grew its position in shares of iShares Morningstar U.S. Equity ETF by 112,936.4% during the first quarter. Jones Financial Companies Lllp now owns 307,459 shares of the company’s stock worth $23,754,000 after acquiring an additional 307,187 shares during the last quarter. Exchange Traded Concepts LLC acquired a new stake in shares of iShares Morningstar U.S. Equity ETF in the 2nd quarter worth about $23,410,000. Elevation Capital Advisory LLC bought a new stake in iShares Morningstar U.S. Equity ETF in the 1st quarter valued at about $6,803,000. Finally, Merit Financial Group LLC boosted its stake in iShares Morningstar U.S. Equity ETF by 7.3% during the 2nd quarter. Merit Financial Group LLC now owns 71,150 shares of the company’s stock valued at $6,103,000 after purchasing an additional 4,844 shares during the period.

iShares Morningstar U.S. Equity ETF Trading Down 0.4%

NYSEARCA ILCB opened at $94.59 on Tuesday. The company has a 50-day moving average price of $93.33 and a two-hundred day moving average price of $89.30. iShares Morningstar U.S. Equity ETF has a 52 week low of $66.68 and a 52 week high of $95.55. The stock has a market cap of $1.18 billion, a price-to-earnings ratio of 26.16 and a beta of 1.01.

iShares Morningstar U.S. Equity ETF 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.