iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV – Get Free Report) was the target of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 20,011 shares, a decline of 60.6% from the May 31st total of 50,818 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 11,547 shares, the short-interest ratio is presently 1.7 days.
Hedge Funds Weigh In On iShares Morningstar Small-Cap Value ETF
A number of hedge funds have recently bought and sold shares of ISCV. Creative Planning grew its position in shares of iShares Morningstar Small-Cap Value ETF by 20.5% in the 2nd quarter. Creative Planning now owns 4,955 shares of the company’s stock worth $304,000 after acquiring an additional 842 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in iShares Morningstar Small-Cap Value ETF by 9.0% in the second quarter. JPMorgan Chase & Co. now owns 62,117 shares of the company’s stock worth $3,813,000 after purchasing an additional 5,139 shares during the period. Ameriprise Financial Inc. boosted its holdings in iShares Morningstar Small-Cap Value ETF by 49.6% in the second quarter. Ameriprise Financial Inc. now owns 50,332 shares of the company’s stock worth $3,227,000 after purchasing an additional 16,680 shares during the period. Bank of America Corp DE increased its stake in iShares Morningstar Small-Cap Value ETF by 9.4% during the second quarter. Bank of America Corp DE now owns 162,873 shares of the company’s stock valued at $9,999,000 after purchasing an additional 13,955 shares during the last quarter. Finally, IHT Wealth Management LLC increased its stake in iShares Morningstar Small-Cap Value ETF by 2.1% during the second quarter. IHT Wealth Management LLC now owns 27,555 shares of the company’s stock valued at $1,692,000 after purchasing an additional 579 shares during the last quarter.
iShares Morningstar Small-Cap Value ETF Price Performance
NYSEARCA ISCV opened at $78.32 on Wednesday. iShares Morningstar Small-Cap Value ETF has a 12 month low of $60.96 and a 12 month high of $78.69. The company has a market capitalization of $681.38 million, a price-to-earnings ratio of 13.52 and a beta of 0.99. The company’s fifty day moving average price is $75.17 and its two-hundred day moving average price is $72.59.
About iShares Morningstar Small-Cap Value ETF
The iShares Morningstar Small-Cap Value ETF (ISCV) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a market-cap-weighted index of US small-cap value stocks. The index selects stocks from 90-99.5% of market cap that fall into Morningstar’s value style categorization. ISCV was launched on Jun 28, 2004 and is managed by BlackRock.
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