iShares Morningstar Value ETF (NYSEARCA:ILCV – Get Free Report) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 5,392 shares, a growth of 82.8% from the August 15th total of 2,950 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 15,640 shares, the days-to-cover ratio is currently 0.3 days.
iShares Morningstar Value ETF Stock Down 0.2%
Shares of NYSEARCA ILCV traded down $0.17 during trading hours on Wednesday, reaching $107.14. 3,237 shares of the stock traded hands, compared to its average volume of 35,750. The company’s 50-day simple moving average is $106.47 and its two-hundred day simple moving average is $101.16. The company has a market capitalization of $1.34 billion, a P/E ratio of 19.33 and a beta of 0.81. iShares Morningstar Value ETF has a 52-week low of $88.03 and a 52-week high of $109.57.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Matrix Trust Co lifted its holdings in shares of iShares Morningstar Value ETF by 0.7% in the 2nd quarter. Matrix Trust Co now owns 670,985 shares of the company’s stock worth $67,930,000 after acquiring an additional 4,585 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares Morningstar Value ETF by 117.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 251,329 shares of the company’s stock valued at $23,715,000 after purchasing an additional 135,785 shares during the last quarter. Royal Bank of Canada raised its position in iShares Morningstar Value ETF by 1.3% in the 1st quarter. Royal Bank of Canada now owns 217,765 shares of the company’s stock worth $20,282,000 after purchasing an additional 2,706 shares during the period. Cetera Investment Advisers raised its position in iShares Morningstar Value ETF by 7.2% in the 1st quarter. Cetera Investment Advisers now owns 197,023 shares of the company’s stock worth $18,351,000 after purchasing an additional 13,191 shares during the period. Finally, Northwest Wealth Advisors LLC lifted its stake in iShares Morningstar Value ETF by 18.3% in the first quarter. Northwest Wealth Advisors LLC now owns 154,510 shares of the company’s stock worth $14,391,000 after purchasing an additional 23,950 shares during 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.
See Also
- Five stocks we like better than iShares Morningstar Value ETF
- Micron’s AI Memory Boom Could Send Shares 100% Higher
- Apple Stock Surges After Its Biggest Product Launch in Years—Can It Last?
- The Ultimate Cyber Shield: CrowdStrike Rises Past $235
- Palantir Just Told Wall Street Where AI Infrastructure Is Headed
Receive News & Ratings for iShares Morningstar Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Morningstar Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.
