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

Shares of iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) hit a new 52-week high on Thursday . The company traded as high as $107.78 and last traded at $107.78, with a volume of 1285 shares traded. The stock had previously closed at $107.15.

iShares Morningstar U.S. Equity ETF Stock Up 0.6%

The business has a fifty day moving average of $103.65 and a 200 day moving average of $98.88. The company has a market cap of $1.33 billion, a P/E ratio of 26.16 and a beta of 1.02.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in ILCB. Pacific Sun Financial Corp raised its position in iShares Morningstar U.S. Equity ETF by 1.3% in the first quarter. Pacific Sun Financial Corp now owns 7,820 shares of the company’s stock worth $703,000 after acquiring an additional 100 shares during the period. Kestra Advisory Services LLC grew its position in shares of iShares Morningstar U.S. Equity ETF by 2.3% during the 1st quarter. Kestra Advisory Services LLC now owns 10,739 shares of the company’s stock valued at $965,000 after acquiring an additional 245 shares during the period. O Shaughnessy Asset Management LLC purchased a new stake in shares of iShares Morningstar U.S. Equity ETF in the 4th quarter worth $26,000. Flagship Harbor Advisors LLC purchased a new stake in shares of iShares Morningstar U.S. Equity ETF in the 4th quarter worth $30,000. Finally, Integrated Wealth Concepts LLC increased its stake in shares of iShares Morningstar U.S. Equity ETF by 14.5% in the 4th quarter. Integrated Wealth Concepts LLC now owns 3,088 shares of the company’s stock worth $291,000 after purchasing an additional 391 shares in the last quarter.

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.