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

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

iShares Morningstar U.S. Equity ETF Price Performance

The stock has a market cap of $1.26 billion, a P/E ratio of 26.16 and a beta of 1.01. The firm’s 50-day moving average price is $94.46 and its 200-day moving average price is $94.52.

Institutional Investors Weigh In On iShares Morningstar U.S. Equity ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. O Shaughnessy Asset Management LLC bought a new stake in shares of iShares Morningstar U.S. Equity ETF during the fourth quarter valued at approximately $26,000. Flagship Harbor Advisors LLC bought a new stake in shares of iShares Morningstar U.S. Equity ETF during the fourth quarter valued at approximately $30,000. Olistico Wealth LLC bought a new stake in shares of iShares Morningstar U.S. Equity ETF during the fourth quarter valued at approximately $45,000. Cornerstone Planning Group LLC bought a new stake in shares of iShares Morningstar U.S. Equity ETF during the third quarter valued at approximately $57,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of iShares Morningstar U.S. Equity ETF during the fourth quarter valued at approximately $57,000.

About iShares Morningstar U.S. Equity ETF

(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.

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