iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) Hits New 52-Week High – Here’s What Happened

Shares of iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) reached a new 52-week high during trading on Monday . The company traded as high as $83.78 and last traded at $83.75, with a volume of 16888 shares traded. The stock had previously closed at $83.65.

iShares Morningstar U.S. Equity ETF Stock Performance

The business’s 50 day moving average is $80.64 and its 200 day moving average is $77.23. The company has a market capitalization of $1.03 billion, a price-to-earnings ratio of 26.03 and a beta of 1.01.

Hedge Funds Weigh In On iShares Morningstar U.S. Equity ETF

Institutional investors have recently bought and sold shares of the business. Olistico Wealth LLC purchased a new position in shares of iShares Morningstar U.S. Equity ETF during the 2nd quarter valued at approximately $39,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in iShares Morningstar U.S. Equity ETF in the 2nd quarter worth $79,000. Tortoise Investment Management LLC acquired a new stake in iShares Morningstar U.S. Equity ETF during the 2nd quarter worth $101,000. Ashton Thomas Private Wealth LLC acquired a new stake in iShares Morningstar U.S. Equity ETF during the 2nd quarter worth $138,000. Finally, HCR Wealth Advisors acquired a new stake in iShares Morningstar U.S. Equity ETF during the 3rd quarter worth $201,000.

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.