iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) Hits New 1-Year High – What’s Next?

iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) shares hit a new 52-week high during trading on Thursday . The stock traded as high as $99.16 and last traded at $99.14, with a volume of 8203 shares traded. The stock had previously closed at $98.35.

iShares Morningstar U.S. Equity ETF Price Performance

The firm’s fifty day simple moving average is $93.81 and its 200 day simple moving average is $94.17. The company has a market capitalization of $1.23 billion, a price-to-earnings ratio of 26.16 and a beta of 1.02.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in ILCB. O Shaughnessy Asset Management LLC acquired a new position in shares of iShares Morningstar U.S. Equity ETF in the fourth quarter worth about $26,000. Flagship Harbor Advisors LLC acquired a new stake in shares of iShares Morningstar U.S. Equity ETF during the fourth quarter worth approximately $30,000. Olistico Wealth LLC acquired a new stake in shares of iShares Morningstar U.S. Equity ETF during the fourth quarter worth approximately $45,000. Cornerstone Planning Group LLC acquired a new stake in shares of iShares Morningstar U.S. Equity ETF during the third quarter worth approximately $57,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of iShares Morningstar U.S. Equity ETF during the fourth quarter worth approximately $57,000.

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.