iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) Stock Short Interest Report for September

iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totaling 20,659 shares, a drop of 63.8% from the September 15th total of 57,099 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 13,693 shares, the short-interest ratio is presently 1.5 days.

iShares Morningstar Small-Cap Value ETF Stock Up 0.3%

Shares of NYSEARCA ISCV traded up $0.20 during trading on Monday, hitting $75.59. The company had a trading volume of 3,405 shares, compared to its average volume of 13,659. The stock has a fifty day simple moving average of $78.85 and a two-hundred day simple moving average of $76.48. iShares Morningstar Small-Cap Value ETF has a fifty-two week low of $63.71 and a fifty-two week high of $82.03. The firm has a market capitalization of $661.40 million, a price-to-earnings ratio of 13.52 and a beta of 1.01.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada increased its position in shares of iShares Morningstar Small-Cap Value ETF by 51.1% during the first quarter. Royal Bank of Canada now owns 234,525 shares of the company’s stock worth $16,302,000 after purchasing an additional 79,297 shares in the last quarter. Bank of America Corp DE raised its stake in iShares Morningstar Small-Cap Value ETF by 17.1% in the 1st quarter. Bank of America Corp DE now owns 201,871 shares of the company’s stock valued at $14,032,000 after purchasing an additional 29,497 shares during the last quarter. Fifth Third Bancorp purchased a new position in iShares Morningstar Small-Cap Value ETF in the 1st quarter valued at $1,170,000. Citadel Advisors LLC purchased a new position in iShares Morningstar Small-Cap Value ETF in the 2nd quarter valued at $690,000. Finally, John A. Wolfe & Associates Inc. purchased a new position in iShares Morningstar Small-Cap Value ETF in the 4th quarter valued at $350,000.

iShares Morningstar Small-Cap Value ETF Company Profile

The iShares Morningstar Small-Cap Value ETF (ISCV) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a market-cap-weighted index of US small-cap value stocks. The index selects stocks from 90-99.5% of market cap that fall into Morningstar’s value style categorization. ISCV was launched on Jun 28, 2004 and is managed by BlackRock.