Flagstar Advisors Inc. Cuts Stake in iShares Morningstar U.S. Equity ETF $ILCB

Flagstar Advisors Inc. trimmed its position in shares of iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) by 3.9% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 4,143 shares of the company’s stock after selling 169 shares during the quarter. Flagstar Advisors Inc.’s holdings in iShares Morningstar U.S. Equity ETF were worth $355,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Exchange Traded Concepts LLC purchased a new stake in shares of iShares Morningstar U.S. Equity ETF during the 2nd quarter valued at about $23,410,000. Thurston Springer Miller Herd & Titak Inc. raised its stake in iShares Morningstar U.S. Equity ETF by 25.5% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,877 shares of the company’s stock worth $161,000 after acquiring an additional 381 shares during the period. Goldman Sachs Group Inc. bought a new stake in shares of iShares Morningstar U.S. Equity ETF during the first quarter valued at approximately $3,563,000. Focus Partners Wealth bought a new stake in shares of iShares Morningstar U.S. Equity ETF during the first quarter valued at approximately $273,000. Finally, Jane Street Group LLC raised its position in shares of iShares Morningstar U.S. Equity ETF by 76.8% during the first quarter. Jane Street Group LLC now owns 6,659 shares of the company’s stock valued at $514,000 after buying an additional 2,893 shares during the last quarter.

iShares Morningstar U.S. Equity ETF Price Performance

iShares Morningstar U.S. Equity ETF stock opened at $92.17 on Monday. The stock has a market cap of $1.14 billion, a P/E ratio of 26.16 and a beta of 1.01. iShares Morningstar U.S. Equity ETF has a 1 year low of $66.68 and a 1 year high of $92.25. The firm’s 50 day moving average price is $88.92 and its 200-day moving average price is $82.77.

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.