iShares Morningstar U.S. Equity ETF $ILCB Shares Newly Bought by Chapin Davis Inc.

Chapin Davis Inc. acquired a new stake in shares of iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) in the third quarter, HoldingsChannel reports. The institutional investor acquired 6,191 shares of the company’s stock, valued at approximately $654,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ILCB. Compass Financial Management LLC bought a new stake in iShares Morningstar U.S. Equity ETF during the 2nd quarter worth approximately $43,000. Western Wealth Management LLC bought a new position in shares of iShares Morningstar U.S. Equity ETF in the first quarter worth approximately $45,000. Monetary Solutions Ltd purchased a new stake in shares of iShares Morningstar U.S. Equity ETF in the fourth quarter worth $68,000. Apella Capital LLC purchased a new stake in shares of iShares Morningstar U.S. Equity ETF in the third quarter worth $202,000. Finally, NorthRock Partners LLC bought a new stake in shares of iShares Morningstar U.S. Equity ETF during the 2nd quarter valued at $219,000.

iShares Morningstar U.S. Equity ETF Stock Performance

ILCB opened at $107.79 on Friday. The stock has a market cap of $1.32 billion, a price-to-earnings ratio of 26.16 and a beta of -1.03. The firm’s fifty day moving average is $106.35 and its 200 day moving average is $102.38. iShares Morningstar U.S. Equity ETF has a fifty-two week low of $86.96 and a fifty-two week high of $108.11.

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.