Short Interest in iShares Morningstar Value ETF (NYSEARCA:ILCV) Expands By 43.3%

iShares Morningstar Value ETF (NYSEARCA:ILCV) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 30,774 shares, an increase of 43.3% from the November 30th total of 21,476 shares. Based on an average daily volume of 50,005 shares, the short-interest ratio is currently 0.6 days. Approximately 0.3% of the shares of the company are short sold. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 50,005 shares, the short-interest ratio is currently 0.6 days.

iShares Morningstar Value ETF Stock Performance

Shares of NYSEARCA:ILCV traded down $0.12 on Monday, hitting $95.13. 31,786 shares of the company were exchanged, compared to its average volume of 34,766. The company’s 50 day moving average price is $93.13 and its two-hundred day moving average price is $88.73. The firm has a market capitalization of $1.17 billion, a price-to-earnings ratio of 19.33 and a beta of 0.88. iShares Morningstar Value ETF has a one year low of $70.58 and a one year high of $95.95.

Institutional Trading of iShares Morningstar Value ETF

Hedge funds have recently modified their holdings of the company. Avantax Advisory Services Inc. lifted its stake in iShares Morningstar Value ETF by 2.1% during the second quarter. Avantax Advisory Services Inc. now owns 135,984 shares of the company’s stock worth $11,340,000 after purchasing an additional 2,799 shares during the period. Matrix Trust Co raised its holdings in shares of iShares Morningstar Value ETF by 1.6% in the 2nd quarter. Matrix Trust Co now owns 700,341 shares of the company’s stock worth $58,401,000 after buying an additional 10,783 shares in the last quarter. Brand Asset Management Group Inc. lifted its position in shares of iShares Morningstar Value ETF by 4.1% during the 2nd quarter. Brand Asset Management Group Inc. now owns 15,233 shares of the company’s stock worth $1,270,000 after buying an additional 605 shares during the period. Key Financial Inc boosted its stake in iShares Morningstar Value ETF by 28.3% in the 2nd quarter. Key Financial Inc now owns 8,089 shares of the company’s stock valued at $675,000 after buying an additional 1,785 shares in the last quarter. Finally, NorthStar Asset Management LLC NJ grew its position in iShares Morningstar Value ETF by 6.8% in the second quarter. NorthStar Asset Management LLC NJ now owns 64,957 shares of the company’s stock valued at $5,417,000 after acquiring an additional 4,120 shares during the period.

iShares Morningstar Value ETF Company Profile

The iShares Morningstar Value ETF (ILCV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of value stocks, selected from the top 90% of the US market-cap spectrum. ILCV was launched on Jun 28, 2004 and is managed by BlackRock.