iShares Morningstar Value ETF (NYSEARCA:ILCV) Short Interest Update

iShares Morningstar Value ETF (NYSEARCA:ILCV) saw a large increase in short interest in 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. Approximately 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 currently 0.7 days.

iShares Morningstar Value ETF Stock Performance

Shares of NYSEARCA ILCV opened at $106.10 on Tuesday. The firm has a market cap of $1.33 billion, a P/E ratio of 19.33 and a beta of 0.81. iShares Morningstar Value ETF has a 1 year low of $88.03 and a 1 year high of $109.57. The firm’s 50 day moving average price is $107.03 and its 200 day moving average price is $101.80.

Institutional Investors Weigh In On iShares Morningstar Value ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in ILCV. PNC Financial Services Group Inc. lifted its position in iShares Morningstar Value ETF by 212.2% during the first quarter. PNC Financial Services Group Inc. now owns 306 shares of the company’s stock worth $29,000 after buying an additional 208 shares during the period. IFP Advisors Inc increased its stake in shares of iShares Morningstar Value ETF by 75.1% during the 4th quarter. IFP Advisors Inc now owns 373 shares of the company’s stock valued at $35,000 after acquiring an additional 160 shares during the last quarter. Diversify Wealth Management LLC acquired a new position in shares of iShares Morningstar Value ETF during the 1st quarter valued at about $217,000. Avid Wealth Partners LLC purchased a new position in shares of iShares Morningstar Value ETF during the 1st quarter worth about $223,000. Finally, Nwam LLC acquired a new stake in shares of iShares Morningstar Value ETF in the first quarter worth approximately $234,000.

iShares Morningstar Value ETF Company Profile

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.