iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) Sees Large Volume Increase – Time to Buy?
by Danessa Lincoln · The Markets DailyShares of iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB – Get Free Report) saw an uptick in trading volume on Friday . 132,036 shares traded hands during mid-day trading, an increase of 453% from the previous session’s volume of 23,883 shares.The stock last traded at $93.87 and had previously closed at $93.93.
iShares Morningstar U.S. Equity ETF Stock Down 0.2%
The stock has a fifty day moving average of $93.03 and a 200-day moving average of $93.64. The firm has a market capitalization of $1.16 billion, a P/E ratio of 26.16 and a beta of 1.01.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the business. Money Concepts Capital Corp raised its holdings in shares of iShares Morningstar U.S. Equity ETF by 0.6% in the third quarter. Money Concepts Capital Corp now owns 17,029 shares of the company’s stock valued at $1,574,000 after buying an additional 107 shares during the last quarter. Optivise Advisory Services LLC raised its holdings in shares of iShares Morningstar U.S. Equity ETF by 3.8% in the fourth quarter. Optivise Advisory Services LLC now owns 2,967 shares of the company’s stock valued at $280,000 after buying an additional 108 shares during the last quarter. Global Retirement Partners LLC raised its holdings in shares of iShares Morningstar U.S. Equity ETF by 0.6% in the third quarter. Global Retirement Partners LLC now owns 28,845 shares of the company’s stock valued at $2,666,000 after buying an additional 179 shares during the last quarter. Merit Financial Group LLC raised its holdings in shares of iShares Morningstar U.S. Equity ETF by 0.3% in the third quarter. Merit Financial Group LLC now owns 71,336 shares of the company’s stock valued at $6,593,000 after buying an additional 186 shares during the last quarter. Finally, TFB Advisors LLC raised its holdings in shares of iShares Morningstar U.S. Equity ETF by 6.5% in the third quarter. TFB Advisors LLC now owns 4,428 shares of the company’s stock valued at $407,000 after buying an additional 270 shares during 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.