Envestnet Asset Management Inc. Has $3.48 Million Position in iShares Morningstar U.S. Equity ETF $ILCB

Envestnet Asset Management Inc. lessened its holdings in iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) by 10.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 40,590 shares of the company’s stock after selling 4,897 shares during the period. Envestnet Asset Management Inc. owned 0.33% of iShares Morningstar U.S. Equity ETF worth $3,482,000 as of its most recent filing with the Securities and Exchange Commission.

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

iShares Morningstar U.S. Equity ETF Stock Up 0.1%

Shares of NYSEARCA:ILCB opened at $93.13 on Friday. iShares Morningstar U.S. Equity ETF has a 12-month low of $66.68 and a 12-month high of $95.55. The stock has a market cap of $1.16 billion, a PE ratio of 26.16 and a beta of 1.01. The business has a 50 day moving average of $92.74 and a 200-day moving average of $87.71.

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.