iShares Large Cap Core Active ETF (NASDAQ:BLCR) Reaches New 1-Year High – Here’s What Happened

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

iShares Large Cap Core Active ETF Stock Performance

The stock’s fifty day moving average price is $45.76 and its 200-day moving average price is $43.66. The firm has a market cap of $5.50 billion, a PE ratio of 29.58 and a beta of 1.18.

iShares Large Cap Core Active ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were issued a $0.0035 dividend. This represents a $0.01 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date was Tuesday, March 17th.

Hedge Funds Weigh In On iShares Large Cap Core Active ETF

A number of large investors have recently made changes to their positions in the stock. Arkadios Wealth Advisors purchased a new position in shares of iShares Large Cap Core Active ETF in the 1st quarter valued at about $1,331,000. EverSource Wealth Advisors LLC purchased a new position in shares of iShares Large Cap Core Active ETF in the 1st quarter valued at about $269,000. Cornerstone Planning Group LLC purchased a new position in shares of iShares Large Cap Core Active ETF in the 1st quarter valued at about $2,188,000. Bank of New York Mellon Corp purchased a new position in shares of iShares Large Cap Core Active ETF in the 1st quarter valued at about $73,472,000. Finally, Mosaic Advisors LLC purchased a new position in iShares Large Cap Core Active ETF during the 1st quarter valued at about $235,000.

iShares Large Cap Core Active ETF Company Profile

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.