iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) Reaches New 1-Year High – Here’s Why

iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB)’s share price hit a new 52-week high on Wednesday . The company traded as high as $79.63 and last traded at $79.63, with a volume of 3395 shares traded. The stock had previously closed at $79.13.

iShares Morningstar U.S. Equity ETF Stock Performance

The firm has a market capitalization of $978.83 million, a PE ratio of 26.03 and a beta of 1.01. The firm’s 50 day moving average price is $76.73 and its 200-day moving average price is $74.50.

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

Hedge funds have recently bought and sold shares of the business. Olistico Wealth LLC purchased a new position in shares of iShares Morningstar U.S. Equity ETF during the 2nd quarter valued at approximately $39,000. Vima LLC purchased a new position in iShares Morningstar U.S. Equity ETF during the fourth quarter valued at $48,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of iShares Morningstar U.S. Equity ETF in the second quarter valued at about $79,000. Mather Group LLC. purchased a new stake in shares of iShares Morningstar U.S. Equity ETF during the first quarter worth about $84,000. Finally, Tortoise Investment Management LLC purchased a new stake in shares of iShares Morningstar U.S. Equity ETF during the second quarter worth about $101,000.

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.