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

iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) hit a new 52-week high on Monday . The company traded as high as $83.40 and last traded at $83.40, with a volume of 1393 shares. The stock had previously closed at $82.76.

iShares Morningstar U.S. Equity ETF Stock Up 0.3 %

The company has a market cap of $1.02 billion, a P/E ratio of 26.03 and a beta of 1.01. The stock has a 50 day moving average price of $80.13 and a two-hundred day moving average price of $76.84.

Hedge Funds Weigh In On iShares Morningstar U.S. Equity ETF

A number of large investors have recently made changes to their positions in ILCB. MML Investors Services LLC grew its position in iShares Morningstar U.S. Equity ETF by 1.5% during the third quarter. MML Investors Services LLC now owns 26,970 shares of the company’s stock worth $2,137,000 after buying an additional 394 shares in the last quarter. Orion Portfolio Solutions LLC grew its position in iShares Morningstar U.S. Equity ETF by 161.0% during the third quarter. Orion Portfolio Solutions LLC now owns 15,750 shares of the company’s stock worth $1,248,000 after buying an additional 9,715 shares in the last quarter. Jane Street Group LLC acquired a new stake in iShares Morningstar U.S. Equity ETF during the third quarter worth approximately $410,000. Stifel Financial Corp grew its position in iShares Morningstar U.S. Equity ETF by 44.0% during the third quarter. Stifel Financial Corp now owns 9,158 shares of the company’s stock worth $726,000 after buying an additional 2,799 shares in the last quarter. Finally, IHT Wealth Management LLC grew its position in iShares Morningstar U.S. Equity ETF by 8.7% during the third quarter. IHT Wealth Management LLC now owns 8,314 shares of the company’s stock worth $658,000 after buying an additional 667 shares in the last quarter.

iShares Morningstar U.S. Equity ETF Company Profile

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.