MidAtlantic Capital Management Inc. Invests $352,000 in iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB)

MidAtlantic Capital Management Inc. bought a new position in shares of iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 4,437 shares of the company’s stock, valued at approximately $352,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Strategic Blueprint LLC lifted its holdings in shares of iShares Morningstar U.S. Equity ETF by 4.3% during the second quarter. Strategic Blueprint LLC now owns 9,314 shares of the company’s stock worth $700,000 after buying an additional 384 shares in the last quarter. Creative Planning raised its stake in iShares Morningstar U.S. Equity ETF by 5.3% in the second quarter. Creative Planning now owns 7,983 shares of the company’s stock valued at $600,000 after purchasing an additional 400 shares in the last quarter. Olistico Wealth LLC acquired a new position in iShares Morningstar U.S. Equity ETF in the second quarter valued at about $39,000. J.W. Cole Advisors Inc. raised its stake in iShares Morningstar U.S. Equity ETF by 2.2% in the second quarter. J.W. Cole Advisors Inc. now owns 26,643 shares of the company’s stock valued at $2,003,000 after purchasing an additional 563 shares in the last quarter. Finally, Atria Wealth Solutions Inc. raised its stake in iShares Morningstar U.S. Equity ETF by 2.5% in the second quarter. Atria Wealth Solutions Inc. now owns 28,007 shares of the company’s stock valued at $2,105,000 after purchasing an additional 685 shares in the last quarter.

iShares Morningstar U.S. Equity ETF Stock Down 1.2 %

ILCB stock opened at $81.18 on Monday. The company has a market cap of $998.51 million, a PE ratio of 26.03 and a beta of 1.01. The business has a 50-day simple moving average of $79.57 and a 200 day simple moving average of $76.45. iShares Morningstar U.S. Equity ETF has a 52 week low of $61.82 and a 52 week high of $83.13.

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.