Short Interest in iShares Morningstar Growth ETF (NYSEARCA:ILCG) Rises By 138.6%

iShares Morningstar Growth ETF (NYSEARCA:ILCG) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 107,310 shares, a growth of 138.6% from the June 30th total of 44,984 shares. Based on an average trading volume of 92,528 shares, the short-interest ratio is currently 1.2 days. Approximately 0.4% of the shares of the stock are short sold.

Institutional Trading of iShares Morningstar Growth ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. NBT Bank N A NY increased its holdings in iShares Morningstar Growth ETF by 175.0% in the 1st quarter. NBT Bank N A NY now owns 286 shares of the company’s stock worth $27,000 after acquiring an additional 182 shares in the last quarter. Parallel Advisors LLC purchased a new position in iShares Morningstar Growth ETF during the third quarter valued at $37,000. O Shaughnessy Asset Management LLC grew its position in shares of iShares Morningstar Growth ETF by 1,250.0% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 378 shares of the company’s stock valued at $39,000 after purchasing an additional 350 shares during the period. MidAtlantic Capital Management Inc. acquired a new stake in shares of iShares Morningstar Growth ETF in the fourth quarter valued at about $56,000. Finally, Signature Equity Partners LLC boosted its stake in shares of iShares Morningstar Growth ETF by 18.5% in the first quarter. Signature Equity Partners LLC now owns 684 shares of the company’s stock worth $65,000 after acquiring an additional 107 shares during the last quarter.

iShares Morningstar Growth ETF Price Performance

NYSEARCA ILCG traded down $2.42 during trading hours on Wednesday, reaching $107.77. The company’s stock had a trading volume of 50,222 shares, compared to its average volume of 87,069. The firm has a market capitalization of $3.00 billion, a price-to-earnings ratio of 38.10 and a beta of 1.22. iShares Morningstar Growth ETF has a 1-year low of $91.26 and a 1-year high of $120.57. The company’s 50-day moving average is $115.16 and its two-hundred day moving average is $107.76.

About iShares Morningstar Growth ETF

The iShares Morningstar Growth ETF (ILCG) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of growth stocks, selected from the top 90% of the US market-cap spectrum. ILCG was launched on Jun 28, 2004 and is managed by BlackRock.