iShares MSCI USA Size Factor ETF (NYSEARCA:SIZE) Sees Significant Drop in Short Interest

iShares MSCI USA Size Factor ETF (NYSEARCA:SIZE) was the recipient of a significant decline in short interest in May. As of May 29th, there was short interest totaling 57,033 shares, a decline of 38.8% from the May 14th total of 93,123 shares. Based on an average trading volume of 9,538 shares, the short-interest ratio is currently 6.0 days. Currently, 2.4% of the company’s shares are sold short.

iShares MSCI USA Size Factor ETF Trading Down 0.2%

Shares of iShares MSCI USA Size Factor ETF stock traded down $0.32 on Tuesday, hitting $177.21. 5,728 shares of the company traded hands, compared to its average volume of 6,158. The stock’s 50 day moving average price is $171.24 and its 200-day moving average price is $166.72. iShares MSCI USA Size Factor ETF has a 52 week low of $149.68 and a 52 week high of $178.34. The company has a market cap of $425.30 million, a PE ratio of 21.17 and a beta of 0.96.

Institutional Trading of iShares MSCI USA Size Factor ETF

Several institutional investors and hedge funds have recently modified their holdings of SIZE. Lido Advisors LLC raised its stake in shares of iShares MSCI USA Size Factor ETF by 641.8% during the third quarter. Lido Advisors LLC now owns 109,912 shares of the company’s stock valued at $17,672,000 after acquiring an additional 95,096 shares in the last quarter. Rockefeller Capital Management L.P. raised its stake in shares of iShares MSCI USA Size Factor ETF by 1,475.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 74,368 shares of the company’s stock valued at $12,016,000 after acquiring an additional 69,647 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of iShares MSCI USA Size Factor ETF by 4,044.3% during the second quarter. Ameriprise Financial Inc. now owns 58,311 shares of the company’s stock valued at $9,011,000 after acquiring an additional 56,904 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares MSCI USA Size Factor ETF by 3,684.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 55,597 shares of the company’s stock valued at $8,983,000 after acquiring an additional 54,128 shares in the last quarter. Finally, Bank of America Corp DE raised its stake in shares of iShares MSCI USA Size Factor ETF by 4.6% during the second quarter. Bank of America Corp DE now owns 496,477 shares of the company’s stock valued at $76,726,000 after acquiring an additional 21,936 shares in the last quarter.

iShares MSCI USA Size Factor ETF Company Profile

The iShares MSCI USA Size Factor ETF (SIZE) is an exchange-traded fund that is based on the MSCI USA Low Size index. The fund tracks an index of large- and mid-cap US stocks. Holdings are weighted by the inverse natural logarithm of their market capitalization. SIZE was launched on Apr 16, 2013 and is managed by BlackRock.