iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) Reaches New 12-Month High – What’s Next?

iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) reached a new 52-week high on Monday . The company traded as high as $83.40 and last traded at $83.40, with a volume of 1393 shares traded. The stock had previously closed at $82.76.

iShares Morningstar U.S. Equity ETF Price Performance

The stock has a market cap of $1.03 billion, a PE ratio of 26.03 and a beta of 1.01. The firm has a 50-day moving average of $80.23 and a 200-day moving average of $76.92.

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

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