Raymond James Financial Inc. Invests $10.94 Million in iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB)

Raymond James Financial Inc. acquired a new position in shares of iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCBFree Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 134,744 shares of the company’s stock, valued at approximately $10,936,000. Raymond James Financial Inc. owned about 1.10% of iShares Morningstar U.S. Equity ETF as of its most recent SEC filing.

Several other large investors have also bought and sold shares of ILCB. Evanson Asset Management LLC bought a new position in iShares Morningstar U.S. Equity ETF in the 4th quarter valued at approximately $203,000. Synergy Investment Management LLC bought a new position in shares of iShares Morningstar U.S. Equity ETF during the fourth quarter valued at $231,000. Kingswood Wealth Advisors LLC acquired a new position in shares of iShares Morningstar U.S. Equity ETF during the fourth quarter worth $281,000. Steward Partners Investment Advisory LLC grew its stake in shares of iShares Morningstar U.S. Equity ETF by 9.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,018 shares of the company’s stock worth $326,000 after purchasing an additional 333 shares during the last quarter. Finally, Portland Financial Advisors Inc acquired a new stake in iShares Morningstar U.S. Equity ETF in the fourth quarter valued at $356,000.

iShares Morningstar U.S. Equity ETF Trading Down 0.3 %

Shares of ILCB opened at $78.01 on Friday. The stock’s 50-day moving average price is $81.95 and its two-hundred day moving average price is $81.15. iShares Morningstar U.S. Equity ETF has a 12 month low of $68.34 and a 12 month high of $85.08. The company has a market capitalization of $1.12 billion, a PE ratio of 25.88 and a beta of 1.02.

About iShares Morningstar U.S. Equity ETF

(Free Report)

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.

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Institutional Ownership by Quarter for iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB)

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