iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) Hits New 52-Week High – Should You Buy?

iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB)’s stock price reached a new 52-week high during trading on Thursday . The company traded as high as $85.08 and last traded at $85.05, with a volume of 57151 shares. The stock had previously closed at $84.92.

iShares Morningstar U.S. Equity ETF Trading Up 0.2 %

The company has a market cap of $1.05 billion, a P/E ratio of 26.03 and a beta of 1.01. The business’s fifty day moving average is $83.02 and its 200 day moving average is $80.57.

Institutional Investors Weigh In On iShares Morningstar U.S. Equity ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. American Trust raised its holdings in iShares Morningstar U.S. Equity ETF by 1.2% during the 3rd quarter. American Trust now owns 15,798 shares of the company’s stock valued at $1,252,000 after acquiring an additional 188 shares during the period. Trinity Wealth Management LLC increased its holdings in shares of iShares Morningstar U.S. Equity ETF by 1.2% in the fourth quarter. Trinity Wealth Management LLC now owns 16,373 shares of the company’s stock worth $1,329,000 after purchasing an additional 198 shares during the period. Tyler Stone Wealth Management increased its holdings in shares of iShares Morningstar U.S. Equity ETF by 2.5% in the fourth quarter. Tyler Stone Wealth Management now owns 8,384 shares of the company’s stock worth $680,000 after purchasing an additional 206 shares during the period. Capital Management Associates Inc increased its holdings in shares of iShares Morningstar U.S. Equity ETF by 4.1% in the fourth quarter. Capital Management Associates Inc now owns 6,696 shares of the company’s stock worth $543,000 after purchasing an additional 265 shares during the period. Finally, J.W. Cole Advisors Inc. increased its holdings in shares of iShares Morningstar U.S. Equity ETF by 1.0% in the fourth quarter. J.W. Cole Advisors Inc. now owns 28,269 shares of the company’s stock worth $2,294,000 after purchasing an additional 280 shares during the period.

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.