Short Interest in iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) Drops By 45.7%

iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) saw a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 5,118 shares, a decrease of 45.7% from the April 15th total of 9,428 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 11,920 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of ILCB. O Shaughnessy Asset Management LLC bought a new stake in shares of iShares Morningstar U.S. Equity ETF during the fourth quarter worth about $26,000. Flagship Harbor Advisors LLC acquired a new position in shares of iShares Morningstar U.S. Equity ETF in the 4th quarter valued at about $30,000. Olistico Wealth LLC acquired a new stake in shares of iShares Morningstar U.S. Equity ETF during the 4th quarter worth approximately $45,000. Cornerstone Planning Group LLC bought a new stake in shares of iShares Morningstar U.S. Equity ETF in the 3rd quarter valued at $57,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of iShares Morningstar U.S. Equity ETF in the 4th quarter valued at $57,000.

iShares Morningstar U.S. Equity ETF Price Performance

iShares Morningstar U.S. Equity ETF stock traded down $0.17 during mid-day trading on Monday, hitting $102.04. 8,865 shares of the company’s stock traded hands, compared to its average volume of 20,356. The firm has a 50 day simple moving average of $95.10 and a two-hundred day simple moving average of $94.77. iShares Morningstar U.S. Equity ETF has a fifty-two week low of $79.83 and a fifty-two week high of $103.56. The stock has a market cap of $1.26 billion, a price-to-earnings ratio of 26.16 and a beta of 1.01.

iShares Morningstar U.S. Equity ETF Company Profile

The iShares Morningstar U.S. Equity ETF (ILCB) is an exchange-traded fund that is based on the Morningstar US Large-Mid Cap index. The fund tracks a market cap-weighted index consists of both growth and value stocks, selected from the top 90% of the US market-cap spectrum. ILCB was launched on Jun 28, 2004 and is managed by BlackRock.