iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB – Get Free Report) was the recipient of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 1,521 shares, a decrease of 94.4% from the June 30th total of 27,353 shares. Based on an average daily volume of 21,860 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.
Hedge Funds Weigh In On iShares Morningstar U.S. Equity ETF
Several hedge funds and other institutional investors have recently made changes to their positions in ILCB. Royal Bank of Canada increased its position in shares of iShares Morningstar U.S. Equity ETF by 11.5% during the first quarter. Royal Bank of Canada now owns 47,673 shares of the company’s stock worth $3,683,000 after purchasing an additional 4,906 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new stake in iShares Morningstar U.S. Equity ETF during the 1st quarter worth $214,000. Goldman Sachs Group Inc. acquired a new stake in iShares Morningstar U.S. Equity ETF during the 1st quarter worth $3,563,000. Jane Street Group LLC boosted its stake in iShares Morningstar U.S. Equity ETF by 76.8% during the 1st quarter. Jane Street Group LLC now owns 6,659 shares of the company’s stock worth $514,000 after purchasing an additional 2,893 shares during the last quarter. Finally, Focus Partners Wealth purchased a new stake in shares of iShares Morningstar U.S. Equity ETF during the first quarter worth $273,000.
iShares Morningstar U.S. Equity ETF Price Performance
ILCB stock traded up $0.02 during trading on Friday, hitting $102.29. The stock had a trading volume of 4,041 shares, compared to its average volume of 18,128. iShares Morningstar U.S. Equity ETF has a twelve month low of $86.00 and a twelve month high of $105.39. The stock has a market capitalization of $1.26 billion, a P/E ratio of 26.16 and a beta of 1.01. The company’s 50-day moving average price is $103.29 and its two-hundred day moving average price is $97.99.
iShares Morningstar U.S. Equity ETF Company Profile
The iShares Morningstar U.S. Equity ETF (ILCB) is an exchange-traded fund that is based on the Morningstar US Large-Mid Cap index. The fund tracks a market cap-weighted index consists of both growth and value stocks, selected from the top 90% of the US market-cap spectrum. ILCB was launched on Jun 28, 2004 and is managed by BlackRock.
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