Merit Financial Group LLC Increases Holdings in iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB)

Merit Financial Group LLC grew its holdings in iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) by 0.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 66,113 shares of the company’s stock after acquiring an additional 440 shares during the quarter. Merit Financial Group LLC owned about 0.54% of iShares Morningstar U.S. Equity ETF worth $5,366,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Jane Street Group LLC purchased a new position in iShares Morningstar U.S. Equity ETF in the third quarter valued at approximately $410,000. Stifel Financial Corp boosted its holdings in shares of iShares Morningstar U.S. Equity ETF by 44.0% in the 3rd quarter. Stifel Financial Corp now owns 9,158 shares of the company’s stock valued at $726,000 after buying an additional 2,799 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of iShares Morningstar U.S. Equity ETF by 14.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 138,957 shares of the company’s stock valued at $11,010,000 after buying an additional 17,260 shares during the last quarter. Thrivent Financial for Lutherans raised its stake in iShares Morningstar U.S. Equity ETF by 17.7% during the 3rd quarter. Thrivent Financial for Lutherans now owns 9,045 shares of the company’s stock worth $717,000 after acquiring an additional 1,361 shares in the last quarter. Finally, Commonwealth Financial Services LLC acquired a new stake in iShares Morningstar U.S. Equity ETF during the 2nd quarter worth $671,000.

iShares Morningstar U.S. Equity ETF Price Performance

NYSEARCA ILCB opened at $82.96 on Friday. The company has a fifty day moving average of $82.61 and a two-hundred day moving average of $79.30. The company has a market capitalization of $1.02 billion, a PE ratio of 26.03 and a beta of 1.01. iShares Morningstar U.S. Equity ETF has a 1 year low of $65.29 and a 1 year high of $84.65.

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.