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 mid-day trading on Tuesday . The company traded as high as $102.42 and last traded at $102.18, with a volume of 7124 shares traded. The stock had previously closed at $101.98.

iShares Morningstar U.S. Equity ETF Price Performance

The company has a market cap of $1.26 billion, a price-to-earnings ratio of 26.16 and a beta of 1.01. The stock has a 50-day moving average price of $94.76 and a 200 day moving average price of $94.65.

Institutional Investors Weigh In On iShares Morningstar U.S. Equity ETF

A number of hedge funds have recently modified their holdings of ILCB. O Shaughnessy Asset Management LLC acquired a new stake in shares of iShares Morningstar U.S. Equity ETF during 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 about $30,000. Olistico Wealth LLC acquired a new stake in shares of iShares Morningstar U.S. Equity ETF during the fourth quarter worth about $45,000. Cornerstone Planning Group LLC acquired a new stake in shares of iShares Morningstar U.S. Equity ETF during the third quarter worth about $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 about $57,000.

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.