iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) Stock Short Interest Climbs 862.8%

iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 7,558 shares, a growth of 862.8% from the August 31st total of 785 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 9,543 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Investors Weigh In On iShares Morningstar U.S. Equity ETF

Several institutional investors have recently made changes to their positions in ILCB. Cetera Investment Advisers boosted its holdings in iShares Morningstar U.S. Equity ETF by 4.9% during the first quarter. Cetera Investment Advisers now owns 218,649 shares of the company’s stock worth $19,648,000 after buying an additional 10,298 shares in the last quarter. Royal Bank of Canada grew its holdings in shares of iShares Morningstar U.S. Equity ETF by 163.2% in the 1st quarter. Royal Bank of Canada now owns 117,728 shares of the company’s stock worth $10,579,000 after acquiring an additional 73,004 shares during the period. Bank of America Corp DE grew its holdings in shares of iShares Morningstar U.S. Equity ETF by 13.0% in the 1st quarter. Bank of America Corp DE now owns 114,117 shares of the company’s stock worth $10,255,000 after acquiring an additional 13,157 shares during the period. Corient Private Wealth LP boosted its position in iShares Morningstar U.S. Equity ETF by 0.3% during the second quarter. Corient Private Wealth LP now owns 96,203 shares of the company’s stock worth $9,971,000 after purchasing an additional 291 shares in the last quarter. Finally, Center for Wealth Management Advisory boosted its position in iShares Morningstar U.S. Equity ETF by 1.1% during the first quarter. Center for Wealth Management Advisory now owns 93,439 shares of the company’s stock worth $8,396,000 after purchasing an additional 973 shares in the last quarter.

iShares Morningstar U.S. Equity ETF Stock Up 0.0%

Shares of iShares Morningstar U.S. Equity ETF stock traded up $0.01 during trading on Thursday, reaching $106.44. The company’s stock had a trading volume of 9,112 shares, compared to its average volume of 16,742. The business has a 50 day moving average price of $105.53 and a 200-day moving average price of $101.35. iShares Morningstar U.S. Equity ETF has a 12-month low of $86.96 and a 12-month high of $108.11. The company has a market capitalization of $1.30 billion, a P/E ratio of 26.16 and a beta of 1.02.

About iShares Morningstar U.S. Equity ETF

The iShares Morningstar U.S. Equity ETF (ILCB) is an exchange-traded fund that is based on the Morningstar US Large-Mid Cap index. The fund tracks a market cap-weighted index consists of both growth and value stocks, selected from the top 90% of the US market-cap spectrum. ILCB was launched on Jun 28, 2004 and is managed by BlackRock.