iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) Sets New 52-Week High – What’s Next?

iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB)’s share price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $84.74 and last traded at $84.72, with a volume of 633 shares traded. The stock had previously closed at $84.61.

iShares Morningstar U.S. Equity ETF Trading Up 0.1 %

The firm’s fifty day moving average is $82.96 and its 200-day moving average is $80.36. The stock has a market capitalization of $1.04 billion, a P/E ratio of 26.03 and a beta of 1.01.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Trinity Wealth Management LLC bought a new stake in iShares Morningstar U.S. Equity ETF during the third quarter worth $1,282,000. Private Advisor Group LLC increased its stake in shares of iShares Morningstar U.S. Equity ETF by 866.6% during the 3rd quarter. Private Advisor Group LLC now owns 129,808 shares of the company’s stock worth $10,285,000 after purchasing an additional 116,378 shares during the last quarter. Commonwealth Financial Services LLC raised its holdings in shares of iShares Morningstar U.S. Equity ETF by 15.4% in the 3rd quarter. Commonwealth Financial Services LLC now owns 10,097 shares of the company’s stock valued at $793,000 after purchasing an additional 1,348 shares during the period. Silver Oak Securities Incorporated acquired a new stake in iShares Morningstar U.S. Equity ETF in the 3rd quarter valued at about $1,215,000. Finally, J.W. Cole Advisors Inc. grew its holdings in iShares Morningstar U.S. Equity ETF by 5.1% during the third quarter. J.W. Cole Advisors Inc. now owns 27,989 shares of the company’s stock worth $2,218,000 after purchasing an additional 1,346 shares during the period.

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.