iShares Morningstar Value ETF (NYSEARCA:ILCV) Short Interest Down 50.1% in April
by Amy Steele · The Cerbat GemiShares Morningstar Value ETF (NYSEARCA:ILCV – Get Free Report) saw a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 43,475 shares, a decline of 50.1% from the April 15th total of 87,133 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily volume of 36,359 shares, the short-interest ratio is presently 1.2 days.
Institutional Trading of iShares Morningstar Value ETF
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Equitable Holdings Inc. grew its holdings in shares of iShares Morningstar Value ETF by 2.9% during the second quarter. Equitable Holdings Inc. now owns 904,531 shares of the company’s stock worth $75,429,000 after purchasing an additional 25,171 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of iShares Morningstar Value ETF by 1.7% during the third quarter. Bank of America Corp DE now owns 825,721 shares of the company’s stock worth $74,331,000 after purchasing an additional 13,548 shares during the last quarter. Steele Capital Management Inc. grew its holdings in shares of iShares Morningstar Value ETF by 1.0% during the fourth quarter. Steele Capital Management Inc. now owns 670,081 shares of the company’s stock worth $63,229,000 after purchasing an additional 6,822 shares during the last quarter. Matrix Trust Co grew its holdings in shares of iShares Morningstar Value ETF by 0.8% during the fourth quarter. Matrix Trust Co now owns 666,393 shares of the company’s stock worth $62,881,000 after purchasing an additional 5,283 shares during the last quarter. Finally, UBS Group AG boosted its holdings in iShares Morningstar Value ETF by 7.9% in the third quarter. UBS Group AG now owns 536,027 shares of the company’s stock valued at $48,253,000 after acquiring an additional 39,138 shares during the last quarter.
iShares Morningstar Value ETF Stock Performance
Shares of NYSEARCA:ILCV traded down $0.69 during midday trading on Friday, hitting $99.90. 61,260 shares of the stock were exchanged, compared to its average volume of 47,789. The stock has a market capitalization of $1.25 billion, a price-to-earnings ratio of 19.33 and a beta of 0.81. The business’s 50-day moving average price is $96.00 and its 200 day moving average price is $95.36. iShares Morningstar Value ETF has a 12 month low of $79.13 and a 12 month high of $100.84.
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.