iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) Sees Strong Trading Volume

Shares of iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) saw unusually-strong trading volume on Wednesday . Approximately 17,305 shares were traded during mid-day trading, an increase of 16% from the previous session’s volume of 14,915 shares.The stock last traded at $75.11 and had previously closed at $75.18.

iShares Morningstar U.S. Equity ETF Price Performance

The business has a fifty day simple moving average of $72.70 and a two-hundred day simple moving average of $70.02. The company has a market cap of $926.97 million, a PE ratio of 26.03 and a beta of 1.01.

Hedge Funds Weigh In On iShares Morningstar U.S. Equity ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in ILCB. Quantitative Strategies Inc. boosted its holdings in shares of iShares Morningstar U.S. Equity ETF by 1.9% in the 4th quarter. Quantitative Strategies Inc. now owns 35,421 shares of the company’s stock valued at $2,329,000 after buying an additional 660 shares in the last quarter. LPL Financial LLC grew its holdings in iShares Morningstar U.S. Equity ETF by 2.4% in the third quarter. LPL Financial LLC now owns 200,810 shares of the company’s stock worth $11,827,000 after purchasing an additional 4,667 shares during the last quarter. Opus Capital Group LLC grew its holdings in iShares Morningstar U.S. Equity ETF by 4.0% in the fourth quarter. Opus Capital Group LLC now owns 4,298 shares of the company’s stock worth $283,000 after purchasing an additional 166 shares during the last quarter. Avantax Advisory Services Inc. increased its position in shares of iShares Morningstar U.S. Equity ETF by 8.6% during the fourth quarter. Avantax Advisory Services Inc. now owns 165,267 shares of the company’s stock worth $10,868,000 after purchasing an additional 13,072 shares in the last quarter. Finally, PFG Advisors lifted its holdings in shares of iShares Morningstar U.S. Equity ETF by 4.5% during the 4th quarter. PFG Advisors now owns 16,037 shares of the company’s stock valued at $1,055,000 after purchasing an additional 686 shares during the last quarter.

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.