Short Interest in iShares Morningstar Growth ETF (NYSEARCA:ILCG) Decreases By 38.0%

iShares Morningstar Growth ETF (NYSEARCA:ILCG) saw a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 38,005 shares, a decrease of 38.0% from the November 30th total of 61,281 shares. Based on an average trading volume of 108,813 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are sold short. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 108,813 shares, the short-interest ratio is presently 0.3 days.

iShares Morningstar Growth ETF Trading Up 0.0%

Shares of iShares Morningstar Growth ETF stock traded up $0.05 on Friday, reaching $105.61. 23,301 shares of the company were exchanged, compared to its average volume of 90,631. iShares Morningstar Growth ETF has a fifty-two week low of $69.47 and a fifty-two week high of $109.22. The firm has a market capitalization of $3.08 billion, a price-to-earnings ratio of 38.10 and a beta of 1.16. The stock has a fifty day moving average price of $104.44 and a 200-day moving average price of $101.54.

Hedge Funds Weigh In On iShares Morningstar Growth ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ILCG. FAS Wealth Partners Inc. lifted its holdings in shares of iShares Morningstar Growth ETF by 2.3% in the second quarter. FAS Wealth Partners Inc. now owns 598,563 shares of the company’s stock valued at $58,001,000 after purchasing an additional 13,236 shares in the last quarter. Bank of America Corp DE boosted its position in iShares Morningstar Growth ETF by 8.7% during the 3rd quarter. Bank of America Corp DE now owns 514,197 shares of the company’s stock worth $53,631,000 after acquiring an additional 41,280 shares during the period. B&D White Capital Company LLC grew its stake in iShares Morningstar Growth ETF by 39.4% during the 3rd quarter. B&D White Capital Company LLC now owns 485,997 shares of the company’s stock valued at $50,689,000 after acquiring an additional 137,302 shares in the last quarter. McKinley Carter Wealth Services Inc. grew its stake in iShares Morningstar Growth ETF by 0.4% during the 2nd quarter. McKinley Carter Wealth Services Inc. now owns 461,073 shares of the company’s stock valued at $44,678,000 after acquiring an additional 1,830 shares in the last quarter. Finally, AdvisorShares Investments LLC acquired a new position in shares of iShares Morningstar Growth ETF in the 3rd quarter valued at about $41,913,000.

About iShares Morningstar Growth ETF

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.