iShares Morningstar Value ETF (NYSEARCA:ILCV) Sees Significant Growth in Short Interest

iShares Morningstar Value ETF (NYSEARCA:ILCV – Get Free Report) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 12,958 shares, an increase of 140.3% from the August 31st total of 5,392 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 18,231 shares, the short-interest ratio is presently 0.7 days.

iShares Morningstar Value ETF Price Performance

Shares of iShares Morningstar Value ETF stock traded up $0.55 during midday trading on Friday, reaching $107.03. The company had a trading volume of 9,240 shares, compared to its average volume of 35,586. The stock has a fifty day moving average price of $106.98 and a 200 day moving average price of $101.68. The firm has a market cap of $1.34 billion, a PE ratio of 19.33 and a beta of 0.81. iShares Morningstar Value ETF has a fifty-two week low of $88.03 and a fifty-two week high of $109.57.

Institutional Trading of iShares Morningstar Value ETF

Hedge funds have recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. raised its holdings in iShares Morningstar Value ETF by 117.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 251,329 shares of the company’s stock worth $23,715,000 after buying an additional 135,785 shares during the last quarter. Northwest Wealth Advisors LLC increased its holdings in iShares Morningstar Value ETF by 18.3% during the 1st 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 in the last quarter. Systelligence LLC purchased a new stake in shares of iShares Morningstar Value ETF in the first quarter worth approximately $11,380,000. Corient Private Wealth LLC raised its stake in shares of iShares Morningstar Value ETF by 5.3% in the fourth quarter. Corient Private Wealth LLC now owns 116,906 shares of the company’s stock worth $11,031,000 after purchasing an additional 5,921 shares during the last quarter. Finally, Cetera Investment Advisers lifted its holdings in shares of iShares Morningstar Value ETF by 7.2% in the first quarter. Cetera Investment Advisers now owns 197,023 shares of the company’s stock valued at $18,351,000 after purchasing an additional 13,191 shares in the last quarter.

iShares Morningstar Value ETF Company Profile

(Get Free Report)

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.

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