iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) Sets New 52-Week High – Time to Buy?

iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB)’s stock price reached a new 52-week high on Tuesday . The company traded as high as $102.42 and last traded at $102.18, with a volume of 7124 shares trading hands. The stock had previously closed at $101.98.

iShares Morningstar U.S. Equity ETF Trading Up 0.2%

The firm has a market capitalization of $1.26 billion, a P/E ratio of 26.16 and a beta of 1.01. The business’s 50 day simple moving average is $94.46 and its two-hundred day simple moving average is $94.52.

Institutional Trading of iShares Morningstar U.S. Equity ETF

A number of institutional investors have recently made changes to their positions in ILCB. O Shaughnessy Asset Management LLC purchased a new stake in shares of iShares Morningstar U.S. Equity ETF during the 4th quarter valued at about $26,000. Flagship Harbor Advisors LLC purchased a new stake in shares of iShares Morningstar U.S. Equity ETF during the 4th quarter valued at about $30,000. Olistico Wealth LLC purchased a new stake in shares of iShares Morningstar U.S. Equity ETF during the 4th quarter valued at about $45,000. Cornerstone Planning Group LLC purchased a new stake in shares of iShares Morningstar U.S. Equity ETF during the 3rd quarter valued at about $57,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of iShares Morningstar U.S. Equity ETF during the 4th quarter valued at about $57,000.

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.