iShares Large Cap Core Active ETF (NASDAQ:BLCR) Sees Significant Growth in Short Interest

iShares Large Cap Core Active ETF (NASDAQ:BLCRGet Free Report) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 124,112 shares, a growth of 82.0% from the August 15th total of 68,200 shares. Based on an average trading volume of 383,896 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Investors Weigh In On iShares Large Cap Core Active ETF

Several hedge funds have recently added to or reduced their stakes in the business. Bank of New York Mellon Corp purchased a new stake in shares of iShares Large Cap Core Active ETF in the first quarter worth about $73,472,000. Janney Montgomery Scott LLC purchased a new stake in iShares Large Cap Core Active ETF in the 1st quarter worth $73,344,000. Beacon Financial Group purchased a new stake in shares of iShares Large Cap Core Active ETF during the first quarter worth about $8,807,000. Tsfg LLC purchased a new stake in iShares Large Cap Core Active ETF during the 2nd quarter worth approximately $8,107,000. Finally, Fifth Third Wealth Advisors LLC purchased a new stake in shares of iShares Large Cap Core Active ETF during the first quarter worth approximately $3,066,000.

iShares Large Cap Core Active ETF Trading Up 0.6%

Shares of NASDAQ BLCR traded up $0.30 during midday trading on Wednesday, reaching $48.70. The company had a trading volume of 34,941 shares, compared to its average volume of 914,893. iShares Large Cap Core Active ETF has a 1 year low of $38.86 and a 1 year high of $51.02. The business’s 50-day simple moving average is $49.33 and its 200 day simple moving average is $47.55. The stock has a market cap of $6.45 billion, a P/E ratio of 29.58 and a beta of 1.20.

iShares Large Cap Core Active ETF Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th will be given a dividend of $0.0664 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $0.27 dividend on an annualized basis and a yield of 0.5%. This is an increase from iShares Large Cap Core Active ETF’s previous quarterly dividend of $0.06.

About iShares Large Cap Core Active ETF

(Get Free Report)

The BlackRock Large Cap Core ETF (BLCR) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of attractively valued large-cap equity securities selected through fundamental and quantitative analysis. It primarily holds US companies but may invest in foreign securities up to 25%. BLCR was launched on Oct 24, 2023 and is issued by BlackRock.

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