iShares Large Cap Core Active ETF (NASDAQ:BLCR) Shares Cross Below 200 Day Moving Average – Here’s What Happened

iShares Large Cap Core Active ETF (NASDAQ:BLCR) shares passed below its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $47.27 and traded as low as $46.36. iShares Large Cap Core Active ETF shares last traded at $46.40, with a volume of 1,547,850 shares.

iShares Large Cap Core Active ETF Trading Up 1.1%

The stock has a market capitalization of $9.45 billion, a P/E ratio of 29.58 and a beta of 1.20. The business has a 50-day moving average price of $49.10 and a 200 day moving average price of $47.29.

iShares Large Cap Core Active ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were given a $0.0664 dividend. This is a boost from iShares Large Cap Core Active ETF’s previous quarterly dividend of $0.0581. This represents a $0.27 annualized dividend and a yield of 0.6%. The ex-dividend date was Tuesday, September 15th.

Institutional Investors Weigh In On iShares Large Cap Core Active ETF

A number of hedge funds have recently bought and sold shares of BLCR. Team Financial Group LLC purchased a new position in shares of iShares Large Cap Core Active ETF in the 3rd quarter worth $31,000. Vision Retirement LLC lifted its holdings in shares of iShares Large Cap Core Active ETF by 692.0% in the 2nd quarter. Vision Retirement LLC now owns 3,366 shares of the company’s stock valued at $170,000 after acquiring an additional 2,941 shares during the last quarter. Fifth Third Securities Inc. bought a new position in shares of iShares Large Cap Core Active ETF in the 3rd quarter valued at about $203,000. Continuum Advisory LLC purchased a new position in iShares Large Cap Core Active ETF in the second quarter worth about $241,000. Finally, Atlatl Advisers LLC purchased a new position in iShares Large Cap Core Active ETF in the second quarter worth about $257,000.

iShares Large Cap Core Active ETF Company Profile

The BlackRock Large Cap Core ETF (BLCR) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of attractively valued large-cap equity securities selected through fundamental and quantitative analysis. It primarily holds US companies but may invest in foreign securities up to 25%. BLCR was launched on Oct 24, 2023 and is issued by BlackRock.