iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) Hits New 52-Week High – Here’s What Happened

iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as $105.60 and last traded at $105.53, with a volume of 1764 shares. The stock had previously closed at $103.37.

iShares Morningstar U.S. Equity ETF Price Performance

The stock’s 50 day moving average is $103.32 and its two-hundred day moving average is $98.30. The firm has a market capitalization of $1.31 billion, a P/E ratio of 26.16 and a beta of 1.01.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Pacific Sun Financial Corp increased its holdings in shares of iShares Morningstar U.S. Equity ETF by 1.3% during the 1st 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 last quarter. Kestra Advisory Services LLC boosted its position in iShares Morningstar U.S. Equity ETF by 2.3% during the first quarter. Kestra Advisory Services LLC now owns 10,739 shares of the company’s stock worth $965,000 after purchasing an additional 245 shares during the period. O Shaughnessy Asset Management LLC acquired a new position in shares of iShares Morningstar U.S. Equity ETF in the fourth quarter valued at $26,000. Flagship Harbor Advisors LLC acquired a new position in shares of iShares Morningstar U.S. Equity ETF in the fourth quarter valued at $30,000. Finally, Integrated Wealth Concepts LLC raised its position in shares of iShares Morningstar U.S. Equity ETF by 14.5% in the fourth quarter. Integrated Wealth Concepts LLC now owns 3,088 shares of the company’s stock valued at $291,000 after purchasing an additional 391 shares during the period.

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.