iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) Sets New 1-Year High – Time to Buy?

iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) shares reached a new 52-week high on Wednesday . The stock traded as high as $95.61 and last traded at $95.5550, with a volume of 3592 shares traded. The stock had previously closed at $95.23.

iShares Morningstar U.S. Equity ETF Stock Performance

The firm has a market cap of $1.19 billion, a price-to-earnings ratio of 26.16 and a beta of 1.01. The business’s 50-day moving average is $93.87 and its 200-day moving average is $90.34.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Cornerstone Planning Group LLC acquired a new stake in iShares Morningstar U.S. Equity ETF during the 3rd quarter valued at $57,000. Mather Group LLC. bought a new stake in shares of iShares Morningstar U.S. Equity ETF during the third quarter worth $92,000. Advisory Services Network LLC bought a new stake in shares of iShares Morningstar U.S. Equity ETF during the third quarter worth $96,000. Allworth Financial LP acquired a new stake in shares of iShares Morningstar U.S. Equity ETF in the second quarter valued at $122,000. Finally, Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of iShares Morningstar U.S. Equity ETF by 25.5% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,877 shares of the company’s stock valued at $161,000 after buying an additional 381 shares during 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.