Stifel Financial Corp Acquires 2,799 Shares of iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB)

Stifel Financial Corp grew its stake in shares of iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) by 44.0% in the 3rd quarter, Holdings Channel.com reports. The fund owned 9,158 shares of the company’s stock after acquiring an additional 2,799 shares during the period. Stifel Financial Corp’s holdings in iShares Morningstar U.S. Equity ETF were worth $726,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. IHT Wealth Management LLC boosted its position in shares of iShares Morningstar U.S. Equity ETF by 8.7% during the third quarter. IHT Wealth Management LLC now owns 8,314 shares of the company’s stock valued at $658,000 after buying an additional 667 shares during the last quarter. Jim Saulnier & Associates LLC purchased a new stake in iShares Morningstar U.S. Equity ETF during the 3rd quarter valued at $2,551,000. Prospera Financial Services Inc bought a new position in shares of iShares Morningstar U.S. Equity ETF during the 3rd quarter valued at $2,249,000. MidAtlantic Capital Management Inc. purchased a new position in shares of iShares Morningstar U.S. Equity ETF in the 3rd quarter worth $352,000. Finally, Thrivent Financial for Lutherans boosted its position in iShares Morningstar U.S. Equity ETF by 17.7% in the third quarter. Thrivent Financial for Lutherans now owns 9,045 shares of the company’s stock worth $717,000 after purchasing an additional 1,361 shares during the last quarter.

iShares Morningstar U.S. Equity ETF Trading Up 1.0 %

ILCB opened at $83.33 on Thursday. The company has a market capitalization of $1.02 billion, a PE ratio of 26.03 and a beta of 1.01. iShares Morningstar U.S. Equity ETF has a 1-year low of $64.47 and a 1-year high of $84.65. The firm’s 50 day simple moving average is $82.14 and its two-hundred day simple moving average is $78.50.

iShares Morningstar U.S. Equity ETF Company 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.