iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) Reaches New 52-Week High – Here’s Why

iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $79.63 and last traded at $79.63, with a volume of 3395 shares. The stock had previously closed at $79.13.

iShares Morningstar U.S. Equity ETF Trading Up 0.7 %

The business has a 50 day moving average of $76.89 and a 200-day moving average of $74.57. The firm has a market capitalization of $985.60 million, a P/E ratio of 26.03 and a beta of 1.01.

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

Large investors have recently made changes to their positions in the stock. Olistico Wealth LLC acquired a new stake in shares of iShares Morningstar U.S. Equity ETF in the 2nd quarter valued at approximately $39,000. Vima LLC acquired a new stake in iShares Morningstar U.S. Equity ETF during the 4th quarter valued at $48,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in iShares Morningstar U.S. Equity ETF during the 2nd quarter valued at $79,000. Mather Group LLC. acquired a new stake in iShares Morningstar U.S. Equity ETF during the 1st quarter valued at $84,000. Finally, Tortoise Investment Management LLC acquired a new stake in iShares Morningstar U.S. Equity ETF during the 2nd quarter valued at $101,000.

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.