iShares MSCI BIC ETF (NYSEARCA:BKF) Short Interest Update

iShares MSCI BIC ETF (NYSEARCA:BKF) was the recipient of a significant decline in short interest in September. As of September 15th, there was short interest totaling 435 shares, a decline of 36.4% from the August 31st total of 684 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 2,150 shares, the short-interest ratio is currently 0.2 days.

iShares MSCI BIC ETF Trading Down 0.4%

NYSEARCA:BKF opened at $38.60 on Friday. iShares MSCI BIC ETF has a 1 year low of $38.39 and a 1 year high of $46.23. The stock has a 50-day moving average price of $40.29 and a two-hundred day moving average price of $40.55. The stock has a market cap of $65.62 million, a price-to-earnings ratio of 14.95 and a beta of 0.41.

Hedge Funds Weigh In On iShares MSCI BIC ETF

Several institutional investors and hedge funds have recently modified their holdings of BKF. Envestnet Asset Management Inc. increased its stake in iShares MSCI BIC ETF by 185.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 61,718 shares of the company’s stock worth $2,391,000 after purchasing an additional 40,070 shares in the last quarter. Quantum Portfolio Management LLC bought a new position in iShares MSCI BIC ETF in the first quarter valued at approximately $1,343,000. Citadel Advisors LLC lifted its stake in iShares MSCI BIC ETF by 62.5% in the second quarter. Citadel Advisors LLC now owns 59,885 shares of the company’s stock valued at $2,320,000 after buying an additional 23,033 shares in the last quarter. Allianz SE boosted its holdings in shares of iShares MSCI BIC ETF by 1.9% in the fourth quarter. Allianz SE now owns 303,229 shares of the company’s stock valued at $13,284,000 after buying an additional 5,645 shares during the period. Finally, Royal Bank of Canada boosted its holdings in shares of iShares MSCI BIC ETF by 29.0% in the first quarter. Royal Bank of Canada now owns 7,862 shares of the company’s stock valued at $320,000 after buying an additional 1,769 shares during the period.

iShares MSCI BIC ETF Company Profile

iShares MSCI BRIC ETF (the Fund), formerly iShares MSCI BRIC Index Fund, is an exchange-traded fund (ETF). The Fund is an exchange-traded fund that seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI BRIC Index (the Index). The Index is a free float-adjusted market capitalization index that is designed to measure the combined equity market performance in Brazil, Russia, India and China (BRIC). The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.