iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $100.34 and last traded at $100.19, with a volume of 13846 shares trading hands. The stock had previously closed at $99.38.
iShares Morningstar U.S. Equity ETF Price Performance
The stock has a market cap of $1.24 billion, a P/E ratio of 26.16 and a beta of 1.01. The business has a 50 day moving average price of $94.19 and a 200 day moving average price of $94.40.
Hedge Funds Weigh In On iShares Morningstar U.S. Equity ETF
Several hedge funds have recently bought and sold shares of ILCB. Commonwealth Financial Services LLC lifted its position in shares of iShares Morningstar U.S. Equity ETF by 2.6% during the first quarter. Commonwealth Financial Services LLC now owns 44,255 shares of the company’s stock worth $3,977,000 after purchasing an additional 1,113 shares during the last quarter. Independent Financial Group LLC bought a new position in shares of iShares Morningstar U.S. Equity ETF in the first quarter worth about $3,124,000. Diversify Wealth Management LLC bought a new position in shares of iShares Morningstar U.S. Equity ETF in the first quarter worth about $283,000. Fifth Third Bancorp increased its stake in iShares Morningstar U.S. Equity ETF by 1,432.7% in the 1st quarter. Fifth Third Bancorp now owns 7,970 shares of the company’s stock worth $716,000 after buying an additional 7,450 shares during the period. Finally, American Trust increased its stake in iShares Morningstar U.S. Equity ETF by 8.5% in the 1st quarter. American Trust now owns 17,801 shares of the company’s stock worth $1,600,000 after buying an additional 1,396 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.
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