iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) Reaches New 12-Month High – Time to Buy?

iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $81.47 and last traded at $81.47, with a volume of 617 shares. The stock had previously closed at $79.83.

iShares Morningstar U.S. Equity ETF Stock Performance

The stock has a market capitalization of $1.01 billion, a P/E ratio of 26.03 and a beta of 1.01. The firm has a 50-day moving average price of $78.65 and a 200 day moving average price of $75.74.

Institutional Inflows and Outflows

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