Short Interest in iShares Morningstar Value ETF (NYSEARCA:ILCV) Increases By 757.8%

iShares Morningstar Value ETF (NYSEARCA:ILCV) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 65,064 shares, a growth of 757.8% from the May 31st total of 7,585 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average daily volume of 25,666 shares, the days-to-cover ratio is currently 2.5 days.

iShares Morningstar Value ETF Price Performance

NYSEARCA:ILCV opened at $100.37 on Friday. The firm has a market cap of $1.25 billion, a price-to-earnings ratio of 19.33 and a beta of 0.81. The company has a 50 day moving average price of $100.15 and a 200-day moving average price of $97.12. iShares Morningstar Value ETF has a 1-year low of $82.19 and a 1-year high of $102.60.

Institutional Trading of iShares Morningstar Value ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. TSA Wealth Managment LLC increased its holdings in iShares Morningstar Value ETF by 4.6% in the fourth quarter. TSA Wealth Managment LLC now owns 2,585 shares of the company’s stock valued at $244,000 after buying an additional 114 shares in the last quarter. Mariner LLC grew its position in shares of iShares Morningstar Value ETF by 0.3% during the 3rd quarter. Mariner LLC now owns 37,590 shares of the company’s stock valued at $3,384,000 after acquiring an additional 115 shares during the period. Madison Wealth Partners Inc grew its position in shares of iShares Morningstar Value ETF by 0.4% during the 3rd quarter. Madison Wealth Partners Inc now owns 34,392 shares of the company’s stock valued at $3,096,000 after acquiring an additional 125 shares during the period. IFP Advisors Inc grew its position in shares of iShares Morningstar Value ETF by 75.1% during the 4th quarter. IFP Advisors Inc now owns 373 shares of the company’s stock valued at $35,000 after acquiring an additional 160 shares during the period. Finally, Flagstar Advisors Inc. increased its stake in shares of iShares Morningstar Value ETF by 3.0% in the 1st quarter. Flagstar Advisors Inc. now owns 5,535 shares of the company’s stock valued at $516,000 after purchasing an additional 162 shares in the last quarter.

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.