iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) Short Interest Update

iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) saw a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 5,118 shares, a decrease of 45.7% from the April 15th total of 9,428 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 11,920 shares, the days-to-cover ratio is presently 0.4 days.

iShares Morningstar U.S. Equity ETF Price Performance

NYSEARCA ILCB traded down $1.23 during trading hours on Friday, reaching $102.21. The company’s stock had a trading volume of 6,287 shares, compared to its average volume of 20,481. The firm has a market capitalization of $1.26 billion, a price-to-earnings ratio of 26.16 and a beta of 1.01. iShares Morningstar U.S. Equity ETF has a 1-year low of $79.83 and a 1-year high of $103.56. The company’s 50-day moving average is $95.10 and its two-hundred day moving average is $94.77.

Institutional Investors Weigh In On iShares Morningstar U.S. Equity ETF

A number of large investors have recently made changes to their positions in ILCB. Northwestern Mutual Wealth Management Co. grew its position in shares of iShares Morningstar U.S. Equity ETF by 1,164.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 236,755 shares of the company’s stock valued at $22,345,000 after purchasing an additional 218,027 shares in the last quarter. Wealth Forward LLC purchased a new stake in shares of iShares Morningstar U.S. Equity ETF in the third quarter valued at approximately $8,975,000. Exchange Traded Concepts LLC grew its position in shares of iShares Morningstar U.S. Equity ETF by 10.4% in the fourth quarter. Exchange Traded Concepts LLC now owns 519,869 shares of the company’s stock valued at $49,065,000 after purchasing an additional 48,866 shares in the last quarter. Goldman Sachs Group Inc. purchased a new stake in shares of iShares Morningstar U.S. Equity ETF in the first quarter valued at approximately $3,563,000. Finally, LPL Financial LLC grew its position in shares of iShares Morningstar U.S. Equity ETF by 18.9% in the fourth quarter. LPL Financial LLC now owns 246,468 shares of the company’s stock valued at $23,262,000 after purchasing an additional 39,225 shares in the last quarter.

About iShares Morningstar U.S. Equity ETF

The iShares Morningstar U.S. Equity ETF (ILCB) is an exchange-traded fund that is based on the Morningstar US Large-Mid Cap index. The fund tracks a market cap-weighted index consists of both growth and value stocks, selected from the top 90% of the US market-cap spectrum. ILCB was launched on Jun 28, 2004 and is managed by BlackRock.