iShares Morningstar U.S. Equity ETF (ILCB)
- Previous Close
79.60 - Open
79.64 - Bid 78.65 x 800
- Ask 81.61 x 1000
- Day's Range
79.73 - 80.13 - 52 Week Range
56.38 - 80.13 - Volume
16,527 - Avg. Volume
49,704 - Net Assets 1.09B
- NAV 80.12
- PE Ratio (TTM) 29.06
- Yield 1.23%
- YTD Daily Total Return 22.98%
- Beta (5Y Monthly) 1.01
- Expense Ratio (net) 0.03%
The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The underlying index measures the performance of U.S. stocks issued by large-mid capitalization companies that have exhibited similar “growth” and “value” characteristics, as determined by Morningstar, Inc.’s proprietary index methodology.
iShares
Fund Family
Large Blend
Fund Category
1.09B
Net Assets
2004-06-28
Inception Date
Performance Overview: ILCB
View MoreTrailing returns as of 10/11/2024. Category is Large Blend.
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Holdings: ILCB
View MoreTop 10 Holdings (32.81% of Total Assets)
Sector Weightings
Related ETF News
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Research Reports: ILCB
View MoreUS-Based Asset Managers: Market Values for Asset Managers Already Pricing In an Easing Rate Cycle
Federated Hermes provides asset-management services for institutional and individual investors. The firm had $782.7 billion in managed assets at the end of June 2024, composed of equity (10%), multi-asset (less than 1%), fixed-income (12%), alternative (3%), and money market (75%) funds. The firm's cash-management operations are expected to generate around 50% of Federated's revenue this year, compared with 28%, 12%, and 10%, respectively, for the equity, fixed-income, and alternatives/multi-asset operations. The company's products are distributed via trust banks, wealth managers, and retail broker/dealers (64% of AUM), institutional investors (27%), and international clients (9%).
RatingPrice TargetTiming and Magnitude of Rate Cuts Will Influence Federated Hermes' Near-Term Results
Federated Hermes provides asset-management services for institutional and individual investors. The firm had $782.7 billion in managed assets at the end of June 2024, composed of equity (10%), multi-asset (less than 1%), fixed-income (12%), alternative (3%), and money market (75%) funds. The firm's cash-management operations are expected to generate around 50% of Federated's revenue this year, compared with 28%, 12%, and 10%, respectively, for the equity, fixed-income, and alternatives/multi-asset operations. The company's products are distributed via trust banks, wealth managers, and retail broker/dealers (64% of AUM), institutional investors (27%), and international clients (9%).
RatingPrice TargetMoney-market assets rise in 2Q but equity outflows continue
Federated Hermes, based in Pittsburgh, is an asset management holding company with about $783 billion in AUM as of June 30, 2024. It offers equity, fixed-income and money-market funds. The company's clients include high-net-worth individuals, registered investment advisors, pension funds, charities, and government organizations. Federated Hermes takes a relatively conservative, long-term approach to investing.
RatingPrice TargetUS-Based Asset Managers: Recovery in AUM, Revenue, and Profitability Already Baked Into Share Prices
Federated provides asset management services for institutional and individual investors. The firm had $778.7 billion in managed assets at the end of March 2024, composed of equity (10%), multi-asset (less than 1%), fixed-income (12%), alternative (3%), and money market (74%) funds. That said, the firm's cash-management operations are expected to generate around 47% of Federated's revenue this year, compared with 29%, 13%, and 11%, respectively, for the firm's equity, fixed-income, and alternatives/multi-asset operations. From a channel perspective, the company's products are distributed via trust banks, wealth managers and retail broker/dealers (64% of AUM), institutional investors (28%), and international clients (8%).
RatingPrice Target