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

iShares Morningstar Value ETF (NYSEARCA:ILCV) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 48,439 shares, an increase of 19.4% from the December 31st total of 40,559 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average daily volume of 52,597 shares, the short-interest ratio is presently 0.9 days. Based on an average daily volume of 52,597 shares, the short-interest ratio is presently 0.9 days. Approximately 0.4% of the shares of the company are sold short.

iShares Morningstar Value ETF Price Performance

NYSEARCA:ILCV opened at $97.63 on Thursday. The firm’s fifty day moving average price is $95.41 and its 200 day moving average price is $91.19. iShares Morningstar Value ETF has a 1-year low of $70.58 and a 1-year high of $97.87. The firm has a market cap of $1.20 billion, a price-to-earnings ratio of 19.33 and a beta of 0.88.

Institutional Trading of iShares Morningstar Value ETF

Several hedge funds and other institutional investors have recently made changes to their positions in ILCV. Twin Peaks Wealth Advisors LLC purchased a new position in iShares Morningstar Value ETF during the second quarter worth about $46,000. Silicon Valley Capital Partners acquired a new position in iShares Morningstar Value ETF during the 3rd quarter worth approximately $51,000. Capital Investment Advisory Services LLC purchased a new position in shares of iShares Morningstar Value ETF during the 4th quarter worth approximately $66,000. Caitlin John LLC purchased a new position in shares of iShares Morningstar Value ETF during the 3rd quarter worth approximately $72,000. Finally, Root Financial Partners LLC acquired a new stake in shares of iShares Morningstar Value ETF in the 3rd quarter valued at approximately $84,000.

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.