iShares Morningstar Growth ETF (NYSEARCA:ILCG) Short Interest Down 67.8% in December

iShares Morningstar Growth ETF (NYSEARCA:ILCG) was the recipient of a significant decline in short interest during the month of December. As of December 31st, there was short interest totaling 12,232 shares, a decline of 67.8% from the December 15th total of 38,005 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 54,121 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 54,121 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. AdvisorShares Investments LLC bought a new stake in shares of iShares Morningstar Growth ETF in the 3rd quarter worth about $41,913,000. Laurel Wealth Advisors LLC increased its stake in iShares Morningstar Growth ETF by 9,590.0% during the second quarter. Laurel Wealth Advisors LLC now owns 251,940 shares of the company’s stock worth $24,413,000 after acquiring an additional 249,340 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in iShares Morningstar Growth ETF by 191.4% during the second quarter. Envestnet Asset Management Inc. now owns 304,261 shares of the company’s stock worth $29,483,000 after acquiring an additional 199,835 shares during the last quarter. Goodman Advisory Group LLC purchased a new stake in iShares Morningstar Growth ETF during the second quarter valued at approximately $17,925,000. Finally, GM Advisory Group LLC lifted its stake in shares of iShares Morningstar Growth ETF by 182.2% in the 2nd quarter. GM Advisory Group LLC now owns 246,525 shares of the company’s stock valued at $23,888,000 after purchasing an additional 159,159 shares during the last quarter.

iShares Morningstar Growth ETF Trading Up 0.4%

Shares of iShares Morningstar Growth ETF stock opened at $105.90 on Tuesday. The firm has a market cap of $2.99 billion, a PE ratio of 38.10 and a beta of 1.16. The stock has a 50 day moving average of $104.08 and a 200 day moving average of $102.48. iShares Morningstar Growth ETF has a 12 month low of $69.47 and a 12 month high of $109.22.

iShares Morningstar Growth ETF Company Profile

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