Wealth Enhancement Advisory Services LLC Has $15.40 Million Stake in iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB)

Wealth Enhancement Advisory Services LLC trimmed its holdings in iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) by 1.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 212,515 shares of the company’s stock after selling 2,684 shares during the period. Wealth Enhancement Advisory Services LLC owned 1.65% of iShares Morningstar U.S. Equity ETF worth $15,401,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Quantitative Strategies Inc. raised its position in shares of iShares Morningstar U.S. Equity ETF by 1.9% in the fourth quarter. Quantitative Strategies Inc. now owns 35,421 shares of the company’s stock valued at $2,329,000 after buying an additional 660 shares in the last quarter. LPL Financial LLC increased its stake in iShares Morningstar U.S. Equity ETF by 2.4% in the third quarter. LPL Financial LLC now owns 200,810 shares of the company’s stock valued at $11,827,000 after acquiring an additional 4,667 shares during the last quarter. Opus Capital Group LLC increased its stake in iShares Morningstar U.S. Equity ETF by 4.0% in the fourth quarter. Opus Capital Group LLC now owns 4,298 shares of the company’s stock valued at $283,000 after acquiring an additional 166 shares during the last quarter. Avantax Advisory Services Inc. increased its stake in iShares Morningstar U.S. Equity ETF by 8.6% in the fourth quarter. Avantax Advisory Services Inc. now owns 165,267 shares of the company’s stock valued at $10,868,000 after acquiring an additional 13,072 shares during the last quarter. Finally, PFG Advisors increased its stake in iShares Morningstar U.S. Equity ETF by 4.5% in the fourth quarter. PFG Advisors now owns 16,037 shares of the company’s stock valued at $1,055,000 after acquiring an additional 686 shares during the last quarter.

iShares Morningstar U.S. Equity ETF Price Performance

Shares of NYSEARCA:ILCB opened at $75.17 on Friday. The company’s 50 day simple moving average is $72.83 and its 200 day simple moving average is $70.10. The stock has a market capitalization of $924.59 million, a price-to-earnings ratio of 26.03 and a beta of 1.01. iShares Morningstar U.S. Equity ETF has a 1 year low of $56.38 and a 1 year high of $75.88.

iShares Morningstar U.S. Equity ETF Company 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.