iShares Morningstar Value ETF (NYSEARCA:ILCV) Short Interest Update

iShares Morningstar Value ETF (NYSEARCA:ILCV) was the recipient of a large drop in short interest in January. As of January 30th, there was short interest totaling 32,516 shares, a drop of 32.9% from the January 15th total of 48,439 shares. Based on an average daily trading volume, of 76,784 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.3% of the shares of the company are short sold. Currently, 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 76,784 shares, the days-to-cover ratio is presently 0.4 days.

Hedge Funds Weigh In On iShares Morningstar Value ETF

Institutional investors have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC bought a new stake in iShares Morningstar Value ETF in the first quarter worth about $605,000. Jones Financial Companies Lllp lifted its position in shares of iShares Morningstar Value ETF by 578.4% during the 1st quarter. Jones Financial Companies Lllp now owns 3,392 shares of the company’s stock valued at $276,000 after buying an additional 2,892 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in shares of iShares Morningstar Value ETF by 509.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 21,520 shares of the company’s stock worth $1,753,000 after acquiring an additional 17,988 shares during the period. CWM LLC grew its stake in shares of iShares Morningstar Value ETF by 0.7% during the 2nd quarter. CWM LLC now owns 23,383 shares of the company’s stock worth $1,950,000 after acquiring an additional 170 shares during the period. Finally, Atria Wealth Solutions Inc. increased its holdings in iShares Morningstar Value ETF by 7.3% in the 2nd quarter. Atria Wealth Solutions Inc. now owns 14,036 shares of the company’s stock worth $1,170,000 after acquiring an additional 961 shares during the last quarter.

iShares Morningstar Value ETF Trading Up 0.4%

Shares of ILCV stock traded up $0.38 during trading on Friday, hitting $97.11. The company’s stock had a trading volume of 31,516 shares, compared to its average volume of 57,547. The company has a market cap of $1.19 billion, a PE ratio of 19.33 and a beta of 0.88. The business has a fifty day moving average of $95.81 and a 200-day moving average of $91.75. iShares Morningstar Value ETF has a 52 week low of $70.58 and a 52 week high of $98.41.

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.