iShares Morningstar Value ETF (NYSEARCA:ILCV) Short Interest Update

iShares Morningstar Value ETF (NYSEARCA:ILCV) was the recipient of a significant decline in short interest in April. As of April 30th, there was short interest totaling 43,475 shares, a decline of 50.1% from the April 15th total of 87,133 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 36,359 shares, the short-interest ratio is presently 1.2 days.

iShares Morningstar Value ETF Price Performance

ILCV stock traded down $0.69 during midday trading on Friday, reaching $99.90. 61,260 shares of the company’s stock traded hands, compared to its average volume of 47,789. The company has a market capitalization of $1.25 billion, a P/E ratio of 19.33 and a beta of 0.81. iShares Morningstar Value ETF has a fifty-two week low of $79.13 and a fifty-two week high of $100.84. The business has a 50-day moving average price of $96.00 and a two-hundred day moving average price of $95.38.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in ILCV. PNC Financial Services Group Inc. lifted its position in shares of iShares Morningstar Value ETF by 212.2% during the first quarter. PNC Financial Services Group Inc. now owns 306 shares of the company’s stock worth $29,000 after purchasing an additional 208 shares in the last quarter. IFP Advisors Inc lifted its position in shares of iShares Morningstar Value ETF by 75.1% during the fourth quarter. IFP Advisors Inc now owns 373 shares of the company’s stock worth $35,000 after purchasing an additional 160 shares in the last quarter. Silicon Valley Capital Partners acquired a new position in shares of iShares Morningstar Value ETF during the third quarter worth $51,000. Capital Investment Advisory Services LLC acquired a new position in shares of iShares Morningstar Value ETF during the fourth quarter worth $66,000. Finally, Caitlin John LLC acquired a new position in shares of iShares Morningstar Value ETF during the third quarter worth $72,000.

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.