iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) Sees Strong Trading Volume

Shares of iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) saw unusually-high trading volume on Wednesday . Approximately 23,679 shares were traded during trading, an increase of 51% from the previous session’s volume of 15,688 shares.The stock last traded at $77.17 and had previously closed at $78.08.

iShares Morningstar U.S. Equity ETF Stock Performance

The firm has a market capitalization of $931.60 million, a P/E ratio of 26.03 and a beta of 1.01. The stock has a 50-day moving average of $74.60 and a 200 day moving average of $71.20.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of ILCB. Cornerstone Wealth Management LLC acquired a new position in iShares Morningstar U.S. Equity ETF during the 4th quarter worth $220,000. TFB Advisors LLC acquired a new position in shares of iShares Morningstar U.S. Equity ETF in the 4th quarter valued at $305,000. PFG Advisors lifted its stake in shares of iShares Morningstar U.S. Equity ETF by 4.5% in the 4th quarter. PFG Advisors now owns 16,037 shares of the company’s stock valued at $1,055,000 after purchasing an additional 686 shares during the period. International Assets Investment Management LLC acquired a new position in shares of iShares Morningstar U.S. Equity ETF in the 4th quarter valued at $813,000. Finally, Capital Management Associates Inc acquired a new position in shares of iShares Morningstar U.S. Equity ETF in the 4th quarter valued at $428,000.

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.