Trinity Wealth Management LLC Buys New Shares in iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB)

Trinity Wealth Management LLC bought a new position in iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 16,175 shares of the company’s stock, valued at approximately $1,282,000. iShares Morningstar U.S. Equity ETF makes up about 0.6% of Trinity Wealth Management LLC’s portfolio, making the stock its 26th biggest holding. Trinity Wealth Management LLC owned about 0.13% of iShares Morningstar U.S. Equity ETF at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Good Life Advisors LLC raised its holdings in iShares Morningstar U.S. Equity ETF by 100.1% during the third quarter. Good Life Advisors LLC now owns 13,060 shares of the company’s stock valued at $1,035,000 after acquiring an additional 6,534 shares during the period. HCR Wealth Advisors bought a new stake in iShares Morningstar U.S. Equity ETF during the 3rd quarter valued at approximately $201,000. Brightwater Advisory LLC purchased a new position in iShares Morningstar U.S. Equity ETF in the 2nd quarter worth approximately $574,000. Sanctuary Advisors LLC purchased a new position in iShares Morningstar U.S. Equity ETF in the 2nd quarter worth approximately $533,000. Finally, New Century Financial Group LLC bought a new position in iShares Morningstar U.S. Equity ETF in the 2nd quarter worth approximately $202,000.

iShares Morningstar U.S. Equity ETF Stock Performance

Shares of iShares Morningstar U.S. Equity ETF stock traded up $0.27 on Friday, hitting $80.79. 12,632 shares of the company traded hands, compared to its average volume of 26,717. iShares Morningstar U.S. Equity ETF has a 52 week low of $56.38 and a 52 week high of $81.03. The business has a 50-day simple moving average of $77.84 and a 200 day simple moving average of $74.94. The stock has a market capitalization of $993.72 million, a P/E ratio of 26.03 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.