Wealth Forward LLC Sells 44,652 Shares of iShares Morningstar U.S. Equity ETF $ILCB

Wealth Forward LLC reduced its position in iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) by 44.3% in the 3rd quarter, Holdings Channel reports. The firm owned 56,151 shares of the company’s stock after selling 44,652 shares during the quarter. iShares Morningstar U.S. Equity ETF comprises approximately 2.6% of Wealth Forward LLC’s investment portfolio, making the stock its 11th biggest position. Wealth Forward LLC’s holdings in iShares Morningstar U.S. Equity ETF were worth $5,933,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Royal Bank of Canada boosted its stake in iShares Morningstar U.S. Equity ETF by 163.2% during the first quarter. Royal Bank of Canada now owns 117,728 shares of the company’s stock worth $10,579,000 after buying an additional 73,004 shares in the last quarter. Independent Financial Group LLC acquired a new position in shares of iShares Morningstar U.S. Equity ETF in the 1st quarter valued at $3,124,000. Arkadios Wealth Advisors bought a new position in shares of iShares Morningstar U.S. Equity ETF during the 1st quarter worth about $1,511,000. Bank of America Corp DE lifted its holdings in shares of iShares Morningstar U.S. Equity ETF by 13.0% during the 1st quarter. Bank of America Corp DE now owns 114,117 shares of the company’s stock worth $10,255,000 after acquiring an additional 13,157 shares during the period. Finally, Cetera Investment Advisers lifted its holdings in shares of iShares Morningstar U.S. Equity ETF by 4.9% during the 1st quarter. Cetera Investment Advisers now owns 218,649 shares of the company’s stock worth $19,648,000 after acquiring an additional 10,298 shares during the period.

iShares Morningstar U.S. Equity ETF Price Performance

Shares of iShares Morningstar U.S. Equity ETF stock traded down $0.02 during trading on Wednesday, hitting $107.90. 5,266 shares of the company’s stock traded hands, compared to its average volume of 16,511. The firm’s fifty day moving average price is $106.52 and its 200 day moving average price is $102.74. iShares Morningstar U.S. Equity ETF has a twelve month low of $86.96 and a twelve month high of $108.11. The company has a market cap of $1.32 billion, a PE ratio of 26.16 and a beta of -1.08.

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.