iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) Sees Large Volume Increase – Here’s Why

Shares of iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) saw unusually-strong trading volume on Monday . Approximately 35,424 shares traded hands during trading, an increase of 32% from the previous session’s volume of 26,760 shares.The stock last traded at $80.70 and had previously closed at $80.79.

iShares Morningstar U.S. Equity ETF Trading Down 0.8 %

The firm has a market capitalization of $982.40 million, a P/E ratio of 26.03 and a beta of 1.01. The company has a 50-day moving average of $78.10 and a 200-day moving average of $75.09.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Chapin Davis Inc. raised its position in shares of iShares Morningstar U.S. Equity ETF by 2.9% in the 1st quarter. Chapin Davis Inc. now owns 7,884 shares of the company’s stock worth $571,000 after acquiring an additional 221 shares in the last quarter. Strategic Blueprint LLC increased its position in iShares Morningstar U.S. Equity ETF by 4.3% in the 2nd quarter. Strategic Blueprint LLC now owns 9,314 shares of the company’s stock valued at $700,000 after buying an additional 384 shares in the last quarter. Creative Planning increased its position in iShares Morningstar U.S. Equity ETF by 5.3% in the 2nd quarter. Creative Planning now owns 7,983 shares of the company’s stock valued at $600,000 after buying an additional 400 shares in the last quarter. Olistico Wealth LLC bought a new stake in iShares Morningstar U.S. Equity ETF in the 2nd quarter valued at about $39,000. Finally, J.W. Cole Advisors Inc. increased its position in iShares Morningstar U.S. Equity ETF by 2.2% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 26,643 shares of the company’s stock valued at $2,003,000 after buying an additional 563 shares in the last quarter.

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.