iShares Large Cap Core Active ETF (NASDAQ:BLCR) Shares Up 0.4% – Here’s Why

iShares Large Cap Core Active ETF (NASDAQ:BLCR) rose 0.4% during trading on Tuesday . The company traded as high as $42.40 and last traded at $42.40. Approximately 516,796 shares were traded during trading, a decline of 67% from the average daily volume of 1,575,774 shares. The stock had previously closed at $42.22.

iShares Large Cap Core Active ETF Price Performance

The stock has a market cap of $4.20 billion, a P/E ratio of 29.58 and a beta of 1.09. The firm’s 50-day moving average price is $42.56 and its 200-day moving average price is $41.86.

iShares Large Cap Core Active ETF Cuts Dividend

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

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in iShares Large Cap Core Active ETF stock. Worth Asset Management LLC bought a new position in shares of iShares Large Cap Core Active ETF (NASDAQ:BLCR) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 10,450 shares of the company’s stock, valued at approximately $443,000. Worth Asset Management LLC owned approximately 0.40% of iShares Large Cap Core Active ETF at the end of the most recent reporting period.

About iShares Large Cap Core Active ETF

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.