iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) Shares Purchased by Gladstone Institutional Advisory LLC

Gladstone Institutional Advisory LLC increased its position in shares of iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) by 43.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 133,511 shares of the company’s stock after purchasing an additional 40,192 shares during the period. Gladstone Institutional Advisory LLC’s holdings in iShares Morningstar U.S. Equity ETF were worth $10,578,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Strategic Blueprint LLC lifted its stake in iShares Morningstar U.S. Equity ETF by 4.3% during the second quarter. Strategic Blueprint LLC now owns 9,314 shares of the company’s stock valued at $700,000 after purchasing an additional 384 shares during the last quarter. Creative Planning grew its holdings in shares of iShares Morningstar U.S. Equity ETF by 5.3% during the second quarter. Creative Planning now owns 7,983 shares of the company’s stock valued at $600,000 after buying an additional 400 shares in the last quarter. Olistico Wealth LLC acquired a new position in shares of iShares Morningstar U.S. Equity ETF in the 2nd quarter valued at about $39,000. J.W. Cole Advisors Inc. lifted its position in iShares Morningstar U.S. Equity ETF by 2.2% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 26,643 shares of the company’s stock worth $2,003,000 after buying an additional 563 shares in the last quarter. Finally, Atria Wealth Solutions Inc. boosted its position in iShares Morningstar U.S. Equity ETF by 2.5% during the second quarter. Atria Wealth Solutions Inc. now owns 28,007 shares of the company’s stock valued at $2,105,000 after purchasing an additional 685 shares during the last quarter.

iShares Morningstar U.S. Equity ETF Stock Performance

Shares of NYSEARCA ILCB traded up $0.91 during trading hours on Friday, hitting $79.52. The stock had a trading volume of 9,714 shares, compared to its average volume of 29,335. The firm’s 50-day moving average price is $78.55 and its two-hundred day moving average price is $75.45. iShares Morningstar U.S. Equity ETF has a 52 week low of $58.67 and a 52 week high of $81.03. The company has a market capitalization of $978.10 million, a P/E ratio of 26.03 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.