iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $72.56 and last traded at $72.46, with a volume of 5307 shares. The stock had previously closed at $72.45.
iShares Morningstar U.S. Equity ETF Stock Performance
The company’s fifty day moving average price is $69.58 and its 200-day moving average price is $64.60. The stock has a market cap of $931.24 million, a P/E ratio of 22.25 and a beta of 1.01.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of the company. CI Private Wealth LLC acquired a new stake in iShares Morningstar U.S. Equity ETF during the 4th quarter valued at approximately $63,000. Wells Fargo & Company MN boosted its stake in iShares Morningstar U.S. Equity ETF by 94.5% during the fourth quarter. Wells Fargo & Company MN now owns 112,296 shares of the company’s stock worth $7,385,000 after buying an additional 54,575 shares during the period. Assetmark Inc. boosted its stake in iShares Morningstar U.S. Equity ETF by 3,134.3% during the fourth quarter. Assetmark Inc. now owns 47,027 shares of the company’s stock worth $3,092,000 after buying an additional 45,573 shares during the period. Royal Bank of Canada boosted its stake in iShares Morningstar U.S. Equity ETF by 53.5% during the third quarter. Royal Bank of Canada now owns 78,349 shares of the company’s stock worth $4,614,000 after buying an additional 27,303 shares during the period. Finally, Atria Wealth Solutions Inc. acquired a new stake in shares of iShares Morningstar U.S. Equity ETF during the first quarter worth about $1,501,000.
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.
Further Reading
- Five stocks we like better than iShares Morningstar U.S. Equity ETF
- What is Short Interest? How to Use It
- 3 Value Stocks Too Small For Buffett’s Portfolio
- How to Find Undervalued Stocks
- Foot Locker Builds Up Another Head of Steam; Gains Imminent
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- Disney Stock Catches 3 Upgrades In a Single Week
Receive News & Ratings for iShares Morningstar U.S. Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Morningstar U.S. Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
