iShares Large Cap Core Active ETF (NASDAQ:BLCR) Hits New 12-Month High – What’s Next?

iShares Large Cap Core Active ETF (NASDAQ:BLCR)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as $50.68 and last traded at $50.61, with a volume of 34923 shares traded. The stock had previously closed at $49.66.

iShares Large Cap Core Active ETF Stock Up 1.7%

The company has a market capitalization of $5.46 billion, a price-to-earnings ratio of 29.58 and a beta of 1.18. The company has a 50 day simple moving average of $45.42 and a 200 day simple moving average of $43.53.

iShares Large Cap Core Active ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were paid a dividend of $0.0035 per share. The ex-dividend date was Tuesday, March 17th. This represents a $0.01 annualized dividend and a yield of 0.0%.

Institutional Investors Weigh In On iShares Large Cap Core Active ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Arkadios Wealth Advisors acquired a new stake in iShares Large Cap Core Active ETF during the first quarter worth about $1,331,000. EverSource Wealth Advisors LLC acquired a new stake in iShares Large Cap Core Active ETF during the first quarter worth about $269,000. Cornerstone Planning Group LLC acquired a new stake in shares of iShares Large Cap Core Active ETF in the first quarter valued at about $2,188,000. Bank of New York Mellon Corp acquired a new stake in shares of iShares Large Cap Core Active ETF in the first quarter valued at about $73,472,000. Finally, Mosaic Advisors LLC acquired a new stake in shares of iShares Large Cap Core Active ETF in the first quarter valued at about $235,000.

iShares Large Cap Core Active ETF Company Profile

The BlackRock Large Cap Core ETF (BLCR) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of attractively valued large-cap equity securities selected through fundamental and quantitative analysis. It primarily holds US companies but may invest in foreign securities up to 25%. BLCR was launched on Oct 24, 2023 and is issued by BlackRock.