iShares Large Cap Value Active ETF (NYSEARCA:BLCV) Short Interest Update

iShares Large Cap Value Active ETF (NYSEARCA:BLCV) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 20,478 shares, a growth of 71.4% from the July 15th total of 11,950 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average trading volume of 7,748 shares, the days-to-cover ratio is presently 2.6 days.

Institutional Trading of iShares Large Cap Value Active ETF

A hedge fund recently bought a new stake in iShares Large Cap Value Active ETF stock. Arkadios Wealth Advisors purchased a new stake in shares of iShares Large Cap Value Active ETF (NYSEARCA:BLCV) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 7,728 shares of the company’s stock, valued at approximately $279,000. Arkadios Wealth Advisors owned approximately 0.10% of iShares Large Cap Value Active ETF at the end of the most recent quarter.

iShares Large Cap Value Active ETF Stock Down 1.1%

iShares Large Cap Value Active ETF stock traded down $0.49 during midday trading on Monday, reaching $42.95. The stock had a trading volume of 7,972 shares, compared to its average volume of 21,937. iShares Large Cap Value Active ETF has a 12 month low of $34.85 and a 12 month high of $43.77. The firm’s 50-day moving average price is $41.82 and its 200 day moving average price is $39.49. The firm has a market capitalization of $345.32 million, a PE ratio of 16.21 and a beta of 0.77.

About iShares Large Cap Value Active ETF

The BlackRock Large Cap Value ETF (BLCV) is an exchange-traded fund that is based on the Russell 1000 Value index. The fund is actively managed to provide exposure to a narrow portfolio US large-cap value stocks. The fund seeks to maximize total return. BLCV was launched on May 19, 2023 and is managed by BlackRock.