iShares Morningstar Value ETF (NYSEARCA:ILCV) Short Interest Down 32.9% in January

iShares Morningstar Value ETF (NYSEARCA:ILCV) was the target of a significant decrease in short interest in January. As of January 30th, there was short interest totaling 32,516 shares, a decrease of 32.9% from the January 15th total of 48,439 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average daily volume of 76,784 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 76,784 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.3% of the company’s stock are sold short.

iShares Morningstar Value ETF Stock Performance

Shares of NYSEARCA:ILCV traded up $0.38 during midday trading on Friday, hitting $97.11. 31,516 shares of the stock were exchanged, compared to its average volume of 57,547. The company has a market capitalization of $1.19 billion, a PE ratio of 19.33 and a beta of 0.88. iShares Morningstar Value ETF has a 52-week low of $70.58 and a 52-week high of $98.41. The business’s fifty day simple moving average is $95.81 and its two-hundred day simple moving average is $91.84.

Hedge Funds Weigh In On iShares Morningstar Value ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. TSA Wealth Managment LLC grew its stake in iShares Morningstar Value ETF by 4.6% in the 4th 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 last quarter. Mariner LLC boosted its holdings in iShares Morningstar Value ETF by 0.3% during the third 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 grew its position in shares of iShares Morningstar Value ETF by 0.4% in the third quarter. Madison Wealth Partners Inc now owns 34,392 shares of the company’s stock valued at $3,096,000 after purchasing an additional 125 shares during the last quarter. One Wealth Advisors LLC grew its position in shares of iShares Morningstar Value ETF by 2.0% in the third quarter. One Wealth Advisors LLC now owns 6,729 shares of the company’s stock valued at $606,000 after purchasing an additional 130 shares during the last quarter. Finally, Stratos Wealth Partners LTD. increased its stake in shares of 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 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.