iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) Reaches New 52-Week High at $76.22

iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB)’s stock price reached a new 52-week high during trading on Friday . The company traded as high as $76.22 and last traded at $76.22, with a volume of 7642 shares traded. The stock had previously closed at $76.12.

iShares Morningstar U.S. Equity ETF Price Performance

The business has a 50 day simple moving average of $73.33 and a 200 day simple moving average of $70.40. The company has a market capitalization of $939.84 million, a price-to-earnings ratio of 26.03 and a beta of 1.01.

Institutional Trading of iShares Morningstar U.S. Equity ETF

Several hedge funds have recently modified their holdings of ILCB. Wells Fargo & Company MN raised its stake in shares of iShares Morningstar U.S. Equity ETF by 94.5% in the fourth quarter. Wells Fargo & Company MN now owns 112,296 shares of the company’s stock valued at $7,385,000 after acquiring an additional 54,575 shares in the last quarter. Assetmark Inc. raised its stake in shares of iShares Morningstar U.S. Equity ETF by 3,134.3% in the fourth quarter. Assetmark Inc. now owns 47,027 shares of the company’s stock valued at $3,092,000 after acquiring an additional 45,573 shares in the last quarter. Cetera Investment Advisers raised its stake in shares of iShares Morningstar U.S. Equity ETF by 43.7% in the first quarter. Cetera Investment Advisers now owns 52,003 shares of the company’s stock valued at $3,769,000 after acquiring an additional 15,804 shares in the last quarter. Focus Financial Network Inc. ADV purchased a new position in iShares Morningstar U.S. Equity ETF in the fourth quarter valued at $1,019,000. Finally, Avantax Advisory Services Inc. increased its holdings in iShares Morningstar U.S. Equity ETF by 8.6% in the fourth quarter. Avantax Advisory Services Inc. now owns 165,267 shares of the company’s stock valued at $10,868,000 after buying an additional 13,072 shares during the last quarter.

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.