Fifth Third Bancorp Has $716,000 Stake in iShares Morningstar U.S. Equity ETF $ILCB

Fifth Third Bancorp raised its stake in shares of iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) by 1,432.7% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 7,970 shares of the company’s stock after acquiring an additional 7,450 shares during the quarter. Fifth Third Bancorp’s holdings in iShares Morningstar U.S. Equity ETF were worth $716,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in ILCB. Northwestern Mutual Wealth Management Co. increased its holdings in shares of iShares Morningstar U.S. Equity ETF by 1,164.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 236,755 shares of the company’s stock valued at $22,345,000 after acquiring an additional 218,027 shares during the last quarter. Goldman Sachs Group Inc. acquired a new stake in iShares Morningstar U.S. Equity ETF in the 1st quarter worth approximately $3,563,000. LPL Financial LLC lifted its holdings in iShares Morningstar U.S. Equity ETF by 18.9% in the 4th quarter. LPL Financial LLC now owns 246,468 shares of the company’s stock worth $23,262,000 after purchasing an additional 39,225 shares during the last quarter. Modern Wealth Management LLC bought a new stake in iShares Morningstar U.S. Equity ETF during the second quarter worth approximately $2,640,000. Finally, Ameriprise Financial Inc. boosted its position in iShares Morningstar U.S. Equity ETF by 4.1% during the third quarter. Ameriprise Financial Inc. now owns 514,702 shares of the company’s stock worth $47,574,000 after purchasing an additional 20,495 shares during the period.

iShares Morningstar U.S. Equity ETF Stock Up 0.1%

Shares of ILCB stock opened at $102.36 on Tuesday. iShares Morningstar U.S. Equity ETF has a 12 month low of $86.00 and a 12 month high of $105.39. The business’s 50 day moving average is $103.29 and its two-hundred day moving average is $98.06. The company has a market cap of $1.26 billion, a PE ratio of 26.16 and a beta of 1.01.

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.