iShares Large Cap Core Active ETF (NASDAQ:BLCR) Reaches New 1-Year High – Still a Buy?

Shares of iShares Large Cap Core Active ETF (NASDAQ:BLCR) reached a new 52-week high on Thursday . The stock traded as high as $46.42 and last traded at $46.41, with a volume of 71317 shares trading hands. The stock had previously closed at $45.99.

iShares Large Cap Core Active ETF Stock Up 0.3%

The firm has a market capitalization of $4.94 billion, a price-to-earnings ratio of 29.58 and a beta of 1.09. The company has a fifty day moving average price of $42.92 and a two-hundred day moving average price of $42.26.

iShares Large Cap Core Active ETF Cuts Dividend

The company also recently disclosed 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 annualized dividend and a dividend yield of 0.0%. The ex-dividend date of this dividend was Tuesday, March 17th.

Institutional Investors Weigh In On iShares Large Cap Core Active ETF

Large investors have recently modified their holdings of the company. AdvisorNet Financial Inc acquired a new stake in shares of iShares Large Cap Core Active ETF in the first quarter valued at approximately $56,000. Worth Asset Management LLC acquired a new stake in shares of iShares Large Cap Core Active ETF in the fourth quarter valued at approximately $443,000. Fifth Third Wealth Advisors LLC acquired a new stake in shares of iShares Large Cap Core Active ETF in the first quarter valued at approximately $3,066,000. Finally, Janney Montgomery Scott LLC acquired a new stake in shares of iShares Large Cap Core Active ETF in the first quarter valued at approximately $73,344,000.

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.