Brand Asset Management Group Inc. Reduces Stock Position in iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB)

Brand Asset Management Group Inc. cut its holdings in iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) by 17.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 46,233 shares of the company’s stock after selling 9,570 shares during the quarter. iShares Morningstar U.S. Equity ETF makes up about 1.5% of Brand Asset Management Group Inc.’s holdings, making the stock its 17th biggest holding. Brand Asset Management Group Inc. owned 0.38% of iShares Morningstar U.S. Equity ETF worth $3,752,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of ILCB. JPMorgan Chase & Co. increased its stake in shares of iShares Morningstar U.S. Equity ETF by 14.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 138,957 shares of the company’s stock worth $11,010,000 after purchasing an additional 17,260 shares in the last quarter. Gladstone Institutional Advisory LLC grew its stake in iShares Morningstar U.S. Equity ETF by 43.1% in the third quarter. Gladstone Institutional Advisory LLC now owns 133,511 shares of the company’s stock worth $10,578,000 after purchasing an additional 40,192 shares in the last quarter. Private Advisor Group LLC increased its holdings in iShares Morningstar U.S. Equity ETF by 866.6% during the third quarter. Private Advisor Group LLC now owns 129,808 shares of the company’s stock valued at $10,285,000 after buying an additional 116,378 shares during the period. Jim Saulnier & Associates LLC purchased a new stake in iShares Morningstar U.S. Equity ETF during the third quarter valued at approximately $2,551,000. Finally, Prospera Financial Services Inc purchased a new position in shares of iShares Morningstar U.S. Equity ETF in the 3rd quarter valued at approximately $2,249,000.

iShares Morningstar U.S. Equity ETF Stock Performance

NYSEARCA ILCB opened at $82.96 on Friday. The firm has a market capitalization of $1.02 billion, a P/E ratio of 26.03 and a beta of 1.01. The stock has a 50-day simple moving average of $82.61 and a two-hundred day simple moving average of $79.28. iShares Morningstar U.S. Equity ETF has a fifty-two week low of $65.29 and a fifty-two week high of $84.65.

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.