iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) Sees Strong Trading Volume – Here’s What Happened

Shares of iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) saw an uptick in trading volume on Thursday . 88,881 shares changed hands during trading, an increase of 91% from the previous session’s volume of 46,541 shares.The stock last traded at $78.75 and had previously closed at $78.68.

iShares Morningstar U.S. Equity ETF Stock Down 2.0 %

The firm has a market cap of $1.10 billion, a PE ratio of 24.96 and a beta of 1.02. The firm’s fifty day simple moving average is $81.59 and its two-hundred day simple moving average is $81.26.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Thrivent Financial for Lutherans raised its holdings in shares of iShares Morningstar U.S. Equity ETF by 17.7% during the third quarter. Thrivent Financial for Lutherans now owns 9,045 shares of the company’s stock valued at $717,000 after acquiring an additional 1,361 shares during the last quarter. IHT Wealth Management LLC boosted its stake in iShares Morningstar U.S. Equity ETF by 8.7% during the 3rd quarter. IHT Wealth Management LLC now owns 8,314 shares of the company’s stock worth $658,000 after purchasing an additional 667 shares during the last quarter. Stifel Financial Corp lifted its stake in shares of iShares Morningstar U.S. Equity ETF by 44.0% in 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. Jane Street Group LLC acquired a new position in iShares Morningstar U.S. Equity ETF during the third quarter worth about $410,000. Finally, Orion Portfolio Solutions LLC raised its holdings in iShares Morningstar U.S. Equity ETF by 161.0% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 15,750 shares of the company’s stock valued at $1,248,000 after acquiring an additional 9,715 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.