iShares Morningstar Value ETF (NYSEARCA:ILCV) Sees Significant Increase in Short Interest

iShares Morningstar Value ETF (NYSEARCA:ILCV) was the recipient of a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 85,971 shares, a growth of 164.4% from the January 29th total of 32,516 shares. Based on an average daily trading volume, of 43,428 shares, the short-interest ratio is presently 2.0 days. Approximately 0.7% of the shares of the company are short sold. Approximately 0.7% of the shares of the company are short sold. Based on an average daily trading volume, of 43,428 shares, the short-interest ratio is presently 2.0 days.

Institutional Investors Weigh In On iShares Morningstar Value ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. TSA Wealth Managment LLC lifted its position in iShares Morningstar Value ETF by 4.6% during the fourth quarter. TSA Wealth Managment LLC now owns 2,585 shares of the company’s stock valued at $244,000 after buying an additional 114 shares during the period. Mariner LLC lifted its position in iShares Morningstar Value ETF by 0.3% during the 3rd quarter. Mariner LLC now owns 37,590 shares of the company’s stock valued at $3,384,000 after acquiring an additional 115 shares during the period. Madison Wealth Partners Inc boosted its stake in iShares Morningstar Value ETF by 0.4% during the third quarter. Madison Wealth Partners Inc now owns 34,392 shares of the company’s stock worth $3,096,000 after acquiring an additional 125 shares in the last quarter. One Wealth Advisors LLC boosted its stake in iShares Morningstar Value ETF by 2.0% during the third quarter. One Wealth Advisors LLC now owns 6,729 shares of the company’s stock worth $606,000 after acquiring an additional 130 shares in the last quarter. Finally, Stratos Wealth Partners LTD. grew its holdings in iShares Morningstar Value ETF by 1.9% in the third quarter. Stratos Wealth Partners LTD. now owns 8,063 shares of the company’s stock worth $726,000 after purchasing an additional 153 shares during the period.

iShares Morningstar Value ETF Stock Up 0.1%

ILCV stock opened at $97.89 on Friday. The business has a 50 day moving average of $96.37 and a 200-day moving average of $92.71. The firm has a market cap of $1.20 billion, a PE ratio of 19.33 and a beta of 0.88. iShares Morningstar Value ETF has a 12-month low of $70.58 and a 12-month high of $98.41.

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.