Kingswood Wealth Advisors LLC Purchases Shares of 3,463 iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB)

Kingswood Wealth Advisors LLC purchased a new position in iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,463 shares of the company’s stock, valued at approximately $281,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Jane Street Group LLC bought a new position in iShares Morningstar U.S. Equity ETF in the 3rd quarter worth $410,000. Stifel Financial Corp boosted its stake in shares of iShares Morningstar U.S. Equity ETF by 44.0% in the third quarter. Stifel Financial Corp now owns 9,158 shares of the company’s stock worth $726,000 after acquiring an additional 2,799 shares during the period. JPMorgan Chase & Co. grew its position in shares of iShares Morningstar U.S. Equity ETF by 14.2% during the third 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. Thrivent Financial for Lutherans raised its stake in iShares Morningstar U.S. Equity ETF by 17.7% during the 3rd quarter. Thrivent Financial for Lutherans now owns 9,045 shares of the company’s stock valued at $717,000 after purchasing an additional 1,361 shares during the period. Finally, Sanctuary Advisors LLC purchased a new position in iShares Morningstar U.S. Equity ETF in the 2nd quarter worth approximately $533,000.

iShares Morningstar U.S. Equity ETF Price Performance

Shares of ILCB opened at $83.65 on Friday. The firm has a market cap of $1.03 billion, a P/E ratio of 26.03 and a beta of 1.01. iShares Morningstar U.S. Equity ETF has a 1 year low of $66.77 and a 1 year high of $84.73. The company has a 50 day simple moving average of $82.93 and a two-hundred day simple moving average of $79.77.

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.