iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) Sees Unusually-High Trading Volume – Time to Buy?

iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) shares saw strong trading volume on Monday . 43,140 shares changed hands during trading, an increase of 47% from the previous session’s volume of 29,424 shares.The stock last traded at $79.08 and had previously closed at $78.97.

iShares Morningstar U.S. Equity ETF Trading Up 0.0 %

The firm’s fifty day simple moving average is $78.57 and its two-hundred day simple moving average is $75.55. The company has a market capitalization of $971.70 million, a price-to-earnings ratio of 26.03 and a beta of 1.01.

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. Private Advisor Group LLC grew its stake in iShares Morningstar U.S. Equity ETF by 866.6% in the 3rd quarter. Private Advisor Group LLC now owns 129,808 shares of the company’s stock valued at $10,285,000 after acquiring an additional 116,378 shares during the last quarter. Gladstone Institutional Advisory LLC grew its position in shares of iShares Morningstar U.S. Equity ETF by 43.1% in the third quarter. Gladstone Institutional Advisory LLC now owns 133,511 shares of the company’s stock valued at $10,578,000 after purchasing an additional 40,192 shares during the last quarter. Trinity Wealth Management LLC purchased a new position in shares of iShares Morningstar U.S. Equity ETF during the 3rd quarter worth approximately $1,282,000. Cetera Investment Advisers lifted its stake in iShares Morningstar U.S. Equity ETF by 43.7% in the 1st quarter. Cetera Investment Advisers now owns 52,003 shares of the company’s stock valued at $3,769,000 after buying an additional 15,804 shares in the last quarter. Finally, Silver Oak Securities Incorporated acquired a new stake in iShares Morningstar U.S. Equity ETF during the 3rd quarter valued at $1,215,000.

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.