iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) Short Interest Down 37.2% in August

iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) saw a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 785 shares, a decline of 37.2% from the August 15th total of 1,250 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 12,772 shares, the days-to-cover ratio is presently 0.1 days.

iShares Morningstar U.S. Equity ETF Price Performance

Shares of iShares Morningstar U.S. Equity ETF stock traded up $1.26 on Thursday, hitting $105.48. 9,301 shares of the company’s stock traded hands, compared to its average volume of 16,783. iShares Morningstar U.S. Equity ETF has a one year low of $86.96 and a one year high of $108.11. The company has a fifty day moving average of $105.27 and a two-hundred day moving average of $100.83. The company has a market capitalization of $1.30 billion, a price-to-earnings ratio of 26.16 and a beta of 1.02.

Institutional Trading of iShares Morningstar U.S. Equity ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Pacific Sun Financial Corp increased its stake in iShares Morningstar U.S. Equity ETF by 1.3% during the 1st quarter. Pacific Sun Financial Corp now owns 7,820 shares of the company’s stock valued at $703,000 after purchasing an additional 100 shares in the last quarter. Kestra Advisory Services LLC lifted its position in shares of iShares Morningstar U.S. Equity ETF by 2.3% during the 1st quarter. Kestra Advisory Services LLC now owns 10,739 shares of the company’s stock worth $965,000 after buying an additional 245 shares in the last quarter. Corient Private Wealth LP lifted its holdings in iShares Morningstar U.S. Equity ETF by 0.3% during the second quarter. Corient Private Wealth LP now owns 96,203 shares of the company’s stock worth $9,971,000 after acquiring an additional 291 shares during the period. Compass Financial Management LLC purchased a new position in shares of iShares Morningstar U.S. Equity ETF in the 2nd quarter worth about $43,000. Finally, Western Wealth Management LLC purchased a new position in iShares Morningstar U.S. Equity ETF in the first quarter valued at about $45,000.

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.