iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) Hits New 52-Week High – Still a Buy?

iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) reached a new 52-week high on Tuesday . The company traded as high as $103.78 and last traded at $103.78, with a volume of 1636 shares trading hands. The stock had previously closed at $102.79.

iShares Morningstar U.S. Equity ETF Stock Up 0.5%

The firm has a market cap of $1.28 billion, a price-to-earnings ratio of 26.16 and a beta of 1.01. The stock has a 50 day moving average of $96.21 and a 200 day moving average of $95.10.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of ILCB. O Shaughnessy Asset Management LLC acquired a new position in iShares Morningstar U.S. Equity ETF in the fourth quarter valued at about $26,000. Flagship Harbor Advisors LLC acquired a new position in iShares Morningstar U.S. Equity ETF during the fourth quarter valued at approximately $30,000. Olistico Wealth LLC acquired a new position in iShares Morningstar U.S. Equity ETF during the fourth quarter valued at approximately $45,000. Western Wealth Management LLC acquired a new position in iShares Morningstar U.S. Equity ETF during the first quarter valued at approximately $45,000. Finally, Cornerstone Planning Group LLC acquired a new position in iShares Morningstar U.S. Equity ETF during the third quarter valued at approximately $57,000.

iShares Morningstar U.S. Equity ETF Company Profile

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.