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

iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) hit a new 52-week high during trading on Friday . The stock 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 Stock Performance

The company has a market capitalization of $1.04 billion, a P/E ratio of 26.03 and a beta of 1.01. The company has a 50-day simple moving average of $82.96 and a 200 day simple moving average of $80.26.

Institutional Trading of iShares Morningstar U.S. Equity ETF

Institutional investors have recently modified their holdings of the company. Jane Street Group LLC acquired a new stake in shares of iShares Morningstar U.S. Equity ETF during the 3rd quarter worth approximately $410,000. Stifel Financial Corp grew its holdings in shares of iShares Morningstar U.S. Equity ETF by 44.0% during the 3rd quarter. Stifel Financial Corp now owns 9,158 shares of the company’s stock worth $726,000 after purchasing an additional 2,799 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of iShares Morningstar U.S. Equity ETF by 14.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 138,957 shares of the company’s stock worth $11,010,000 after purchasing an additional 17,260 shares in the last quarter. Capital Management Associates Inc boosted its stake in iShares Morningstar U.S. Equity ETF by 4.1% in the 4th quarter. Capital Management Associates Inc now owns 6,696 shares of the company’s stock valued at $543,000 after buying an additional 265 shares in the last quarter. Finally, Thrivent Financial for Lutherans boosted its stake in iShares Morningstar U.S. Equity ETF by 17.7% in the 3rd quarter. Thrivent Financial for Lutherans now owns 9,045 shares of the company’s stock valued at $717,000 after buying an additional 1,361 shares in the last quarter.

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.