iShares Morningstar Value ETF (NYSEARCA:ILCV) Stock Short Interest Jumps 140.3%

iShares Morningstar Value ETF (NYSEARCA:ILCV) saw a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 12,958 shares, an increase of 140.3% from the August 31st total of 5,392 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 18,231 shares, the short-interest ratio is currently 0.7 days.

iShares Morningstar Value ETF Trading Up 0.5%

Shares of ILCV traded up $0.55 on Friday, reaching $107.03. 9,240 shares of the company’s stock traded hands, compared to its average volume of 35,586. The stock’s 50 day simple moving average is $106.98 and its two-hundred day simple moving average is $101.68. The stock has a market cap of $1.34 billion, a PE ratio of 19.33 and a beta of 0.81. iShares Morningstar Value ETF has a 52-week low of $88.03 and a 52-week high of $109.57.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in ILCV. Matrix Trust Co lifted its holdings in iShares Morningstar Value ETF by 0.7% during the second quarter. Matrix Trust Co now owns 670,985 shares of the company’s stock valued at $67,930,000 after purchasing an additional 4,585 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares Morningstar Value ETF by 117.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 251,329 shares of the company’s stock worth $23,715,000 after purchasing an additional 135,785 shares in the last quarter. Royal Bank of Canada increased its stake in shares of iShares Morningstar Value ETF by 1.3% in the first quarter. Royal Bank of Canada now owns 217,765 shares of the company’s stock worth $20,282,000 after purchasing an additional 2,706 shares in the last quarter. Cetera Investment Advisers increased its stake in shares of iShares Morningstar Value ETF by 7.2% in the first quarter. Cetera Investment Advisers now owns 197,023 shares of the company’s stock worth $18,351,000 after purchasing an additional 13,191 shares in the last quarter. Finally, Northwest Wealth Advisors LLC raised its position in shares of iShares Morningstar Value ETF by 18.3% in the first quarter. Northwest Wealth Advisors LLC now owns 154,510 shares of the company’s stock valued at $14,391,000 after purchasing an additional 23,950 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.