iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) Shares Sold by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. cut its holdings in iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) by 62.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 8,469 shares of the company’s stock after selling 13,894 shares during the period. Northwestern Mutual Wealth Management Co. owned 0.07% of iShares Morningstar U.S. Equity ETF worth $637,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in ILCB. Olistico Wealth LLC purchased a new stake in iShares Morningstar U.S. Equity ETF in the second quarter valued at approximately $39,000. Vima LLC purchased a new stake in iShares Morningstar U.S. Equity ETF in the fourth quarter valued at approximately $48,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in iShares Morningstar U.S. Equity ETF in the second quarter valued at approximately $79,000. Mather Group LLC. purchased a new stake in iShares Morningstar U.S. Equity ETF in the first quarter valued at approximately $84,000. Finally, Tortoise Investment Management LLC purchased a new stake in iShares Morningstar U.S. Equity ETF in the second quarter valued at approximately $101,000.

iShares Morningstar U.S. Equity ETF Stock Down 0.9 %

Shares of NYSEARCA ILCB opened at $78.43 on Tuesday. The firm has a market cap of $964.69 million, a price-to-earnings ratio of 26.03 and a beta of 1.01. iShares Morningstar U.S. Equity ETF has a 52-week low of $56.38 and a 52-week high of $79.40. The business’s 50 day moving average is $76.58 and its two-hundred day moving average is $74.41.

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.