iShares Large Cap Core Active ETF (NASDAQ:BLCR) Hits New 1-Year High – Here’s Why

iShares Large Cap Core Active ETF (NASDAQ:BLCR)’s share price reached a new 52-week high during trading on Friday . The company traded as high as $44.24 and last traded at $44.09, with a volume of 3564 shares. The stock had previously closed at $44.04.

iShares Large Cap Core Active ETF Price Performance

The stock has a market cap of $4.42 billion, a price-to-earnings ratio of 29.58 and a beta of 1.09. The stock has a fifty day moving average of $42.56 and a 200 day moving average of $41.94.

iShares Large Cap Core Active ETF Cuts Dividend

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

Institutional Investors Weigh In On iShares Large Cap Core Active ETF

An institutional investor recently bought a new position in iShares Large Cap Core Active ETF stock. Worth Asset Management LLC purchased a new stake in iShares Large Cap Core Active ETF (NASDAQ:BLCR) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 10,450 shares of the company’s stock, valued at approximately $443,000. Worth Asset Management LLC owned 0.40% of iShares Large Cap Core Active ETF at the end of the most recent quarter.

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.