Thrivent Financial for Lutherans Raises Stake in iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB)

Thrivent Financial for Lutherans grew its holdings in shares of iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) by 16.4% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,684 shares of the company’s stock after acquiring an additional 1,081 shares during the quarter. Thrivent Financial for Lutherans owned 0.06% of iShares Morningstar U.S. Equity ETF worth $578,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Vima LLC purchased a new position in shares of iShares Morningstar U.S. Equity ETF in the fourth quarter worth about $48,000. Mather Group LLC. purchased a new position in iShares Morningstar U.S. Equity ETF in the 1st quarter worth approximately $84,000. Chapin Davis Inc. lifted its position in iShares Morningstar U.S. Equity ETF by 2.9% in the first quarter. Chapin Davis Inc. now owns 7,884 shares of the company’s stock valued at $571,000 after purchasing an additional 221 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in shares of iShares Morningstar U.S. Equity ETF by 2.8% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 39,065 shares of the company’s stock valued at $2,831,000 after purchasing an additional 1,069 shares during the period. Finally, Diversify Advisory Services LLC purchased a new stake in shares of iShares Morningstar U.S. Equity ETF during the first quarter valued at approximately $411,000.

iShares Morningstar U.S. Equity ETF Trading Up 0.9 %

Shares of NYSEARCA:ILCB opened at $79.13 on Wednesday. The company has a 50-day moving average price of $76.65 and a 200-day moving average price of $74.45. The company has a market cap of $973.30 million, a price-to-earnings ratio of 26.03 and a beta of 1.01. iShares Morningstar U.S. Equity ETF has a 12 month low of $56.38 and a 12 month high of $79.40.

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.