iShares Large Cap Core Active ETF (NASDAQ:BLCR) Hits New 12-Month High – What’s Next?

iShares Large Cap Core Active ETF (NASDAQ:BLCR) shares reached a new 52-week high during trading on Tuesday . The company traded as high as $50.68 and last traded at $50.61, with a volume of 34923 shares. The stock had previously closed at $49.66.

iShares Large Cap Core Active ETF Price Performance

The stock has a 50-day simple moving average of $45.42 and a 200 day simple moving average of $43.53. The company has a market capitalization of $5.46 billion, a PE ratio of 29.58 and a beta of 1.18.

iShares Large Cap Core Active ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were given a dividend of $0.0035 per share. This represents a $0.01 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date was Tuesday, March 17th.

Institutional Trading of iShares Large Cap Core Active ETF

A number of institutional investors have recently bought and sold shares of the company. Arkadios Wealth Advisors purchased a new stake in iShares Large Cap Core Active ETF during the first quarter worth $1,331,000. EverSource Wealth Advisors LLC purchased a new stake in shares of iShares Large Cap Core Active ETF in the first quarter valued at $269,000. Cornerstone Planning Group LLC purchased a new stake in shares of iShares Large Cap Core Active ETF in the first quarter valued at $2,188,000. Bank of New York Mellon Corp purchased a new stake in shares of iShares Large Cap Core Active ETF in the first quarter valued at $73,472,000. Finally, Mosaic Advisors LLC purchased a new stake in shares of iShares Large Cap Core Active ETF in the first quarter valued at $235,000.

About iShares Large Cap Core Active ETF

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.