Northwestern Mutual Wealth Management Co. Has $637,000 Stock Position in iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB)

Northwestern Mutual Wealth Management Co. decreased its holdings in shares of iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) by 62.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,469 shares of the company’s stock after selling 13,894 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in iShares Morningstar U.S. Equity ETF were worth $637,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Cetera Investment Advisers grew its stake in iShares Morningstar U.S. Equity ETF by 43.7% in the 1st quarter. Cetera Investment Advisers now owns 52,003 shares of the company’s stock valued at $3,769,000 after buying an additional 15,804 shares during the last quarter. Helen Stephens Group LLC acquired a new position in iShares Morningstar U.S. Equity ETF in the 2nd quarter valued at $852,000. Commonwealth Financial Services LLC acquired a new position in iShares Morningstar U.S. Equity ETF in the 2nd quarter valued at $671,000. Choate Investment Advisors acquired a new position in iShares Morningstar U.S. Equity ETF in the 1st quarter valued at $416,000. Finally, Diversify Advisory Services LLC acquired a new position in iShares Morningstar U.S. Equity ETF in the 1st quarter valued at $411,000.

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

NYSEARCA:ILCB opened at $78.43 on Tuesday. iShares Morningstar U.S. Equity ETF has a 1 year low of $56.38 and a 1 year high of $79.40. The firm’s fifty day simple moving average is $76.58 and its 200 day simple moving average is $74.41. The firm has a market capitalization of $964.69 million, a PE ratio of 26.03 and a beta of 1.01.

iShares Morningstar U.S. Equity ETF 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.