iShares Morningstar U.S. Equity ETF $ILCB Shares Bought by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. raised its holdings in iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) by 1,164.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 236,755 shares of the company’s stock after buying an additional 218,027 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in iShares Morningstar U.S. Equity ETF were worth $22,345,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Aurora Private Wealth Inc. acquired a new stake in iShares Morningstar U.S. Equity ETF in the fourth quarter valued at $511,000. Wealth Forward LLC boosted its holdings in shares of iShares Morningstar U.S. Equity ETF by 1.2% in the 4th quarter. Wealth Forward LLC now owns 98,264 shares of the company’s stock valued at $9,274,000 after buying an additional 1,156 shares in the last quarter. High Point Wealth Management LLC acquired a new position in shares of iShares Morningstar U.S. Equity ETF in the 4th quarter valued at $189,000. Edge Financial Advisors LLC boosted its holdings in shares of iShares Morningstar U.S. Equity ETF by 15.6% in the 4th quarter. Edge Financial Advisors LLC now owns 20,007 shares of the company’s stock valued at $1,888,000 after buying an additional 2,706 shares in the last quarter. Finally, Merit Financial Group LLC boosted its holdings in shares of iShares Morningstar U.S. Equity ETF by 3.0% in the 4th quarter. Merit Financial Group LLC now owns 73,485 shares of the company’s stock valued at $6,936,000 after buying an additional 2,149 shares in the last quarter.

iShares Morningstar U.S. Equity ETF Trading Down 0.7%

Shares of iShares Morningstar U.S. Equity ETF stock opened at $101.37 on Wednesday. The company has a fifty day simple moving average of $95.43 and a 200-day simple moving average of $94.86. The stock has a market cap of $1.25 billion, a price-to-earnings ratio of 26.16 and a beta of 1.01. iShares Morningstar U.S. Equity ETF has a 12-month low of $79.83 and a 12-month high of $103.56.

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.