Arete Wealth Advisors LLC Trims Stake in iShares Morningstar U.S. Equity ETF $ILCB

Arete Wealth Advisors LLC reduced its stake in shares of iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) by 56.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,101 shares of the company’s stock after selling 17,943 shares during the quarter. Arete Wealth Advisors LLC owned 0.10% of iShares Morningstar U.S. Equity ETF worth $1,089,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Janney Montgomery Scott LLC acquired a new stake in iShares Morningstar U.S. Equity ETF in the first quarter valued at approximately $345,000. CWM LLC boosted its stake in shares of iShares Morningstar U.S. Equity ETF by 3.8% in the first quarter. CWM LLC now owns 8,433 shares of the company’s stock worth $652,000 after acquiring an additional 310 shares during the last quarter. Cerity Partners LLC boosted its stake in shares of iShares Morningstar U.S. Equity ETF by 2.6% in the first quarter. Cerity Partners LLC now owns 5,150 shares of the company’s stock worth $398,000 after acquiring an additional 131 shares during the last quarter. Kingswood Wealth Advisors LLC boosted its stake in shares of iShares Morningstar U.S. Equity ETF by 18.1% in the first quarter. Kingswood Wealth Advisors LLC now owns 4,090 shares of the company’s stock worth $316,000 after acquiring an additional 627 shares during the last quarter. Finally, Citadel Advisors LLC boosted its stake in shares of iShares Morningstar U.S. Equity ETF by 339.2% in the fourth quarter. Citadel Advisors LLC now owns 27,701 shares of the company’s stock worth $2,248,000 after acquiring an additional 21,394 shares during the last quarter.

iShares Morningstar U.S. Equity ETF Stock Performance

NYSEARCA ILCB opened at $90.29 on Wednesday. iShares Morningstar U.S. Equity ETF has a fifty-two week low of $66.68 and a fifty-two week high of $90.49. The firm has a market capitalization of $1.12 billion, a P/E ratio of 26.16 and a beta of 1.01. The stock’s fifty day moving average is $88.13 and its two-hundred day moving average is $82.19.

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.