iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) Sees Large Volume Increase – Should You Buy?

iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) shares saw unusually-high 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 Stock Down 0.3 %

The stock’s 50 day moving average price is $77.84 and its two-hundred day moving average price is $74.96. The firm has a market capitalization of $991.13 million, a price-to-earnings ratio of 26.03 and a beta of 1.01.

Institutional Investors Weigh In On iShares Morningstar U.S. Equity ETF

Institutional investors have recently made changes to their positions in the company. Olistico Wealth LLC bought a new position in iShares Morningstar U.S. Equity ETF during the second quarter valued at approximately $39,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares Morningstar U.S. Equity ETF during the 2nd quarter valued at $79,000. Mather Group LLC. acquired a new stake in shares of iShares Morningstar U.S. Equity ETF in the 1st quarter valued at $84,000. Tortoise Investment Management LLC bought a new stake in iShares Morningstar U.S. Equity ETF in the second quarter worth $101,000. Finally, Ashton Thomas Private Wealth LLC acquired a new position in iShares Morningstar U.S. Equity ETF during the second quarter worth $138,000.

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.