iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) Sets New 52-Week Low – Should You Sell?

iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCBGet Free Report) shares reached a new 52-week low on Monday . The stock traded as low as $66.68 and last traded at $68.66, with a volume of 37925 shares trading hands. The stock had previously closed at $69.84.

iShares Morningstar U.S. Equity ETF Stock Performance

The stock has a market cap of $1.08 billion, a price-to-earnings ratio of 22.09 and a beta of 1.02. The firm’s 50-day simple moving average is $79.50 and its two-hundred day simple moving average is $80.96.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Merit Financial Group LLC increased its stake in shares of iShares Morningstar U.S. Equity ETF by 0.3% in the 1st quarter. Merit Financial Group LLC now owns 66,306 shares of the company’s stock valued at $5,123,000 after buying an additional 193 shares during the period. Keystone Financial Services LLC bought a new position in iShares Morningstar U.S. Equity ETF in the fourth quarter valued at about $869,000. Blue Sky Capital Consultants Group Inc. acquired a new stake in iShares Morningstar U.S. Equity ETF in the fourth quarter worth about $222,000. Two Sigma Investments LP bought a new stake in iShares Morningstar U.S. Equity ETF during the 4th quarter worth about $3,060,000. Finally, Citadel Advisors LLC raised its holdings in iShares Morningstar U.S. Equity ETF by 339.2% during the 4th quarter. Citadel Advisors LLC now owns 27,701 shares of the company’s stock worth $2,248,000 after purchasing an additional 21,394 shares during the last quarter.

iShares Morningstar U.S. Equity ETF Company Profile

(Get Free Report)

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.

Further Reading

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