iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) Short Interest Down 58.4% in July

iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) was the recipient of a large decrease in short interest in July. As of July 31st, there was short interest totaling 632 shares, a decrease of 58.4% from the July 15th total of 1,521 shares. Based on an average trading volume of 8,282 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

iShares Morningstar U.S. Equity ETF Trading Down 0.2%

Shares of ILCB traded down $0.20 during trading hours on Friday, reaching $107.67. 7,696 shares of the stock traded hands, compared to its average volume of 17,655. The stock has a fifty day simple moving average of $103.81 and a 200 day simple moving average of $99.03. iShares Morningstar U.S. Equity ETF has a 52 week low of $86.96 and a 52 week high of $108.11. The company has a market cap of $1.32 billion, a price-to-earnings ratio of 26.16 and a beta of 1.04.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Pacific Sun Financial Corp boosted its stake in shares of iShares Morningstar U.S. Equity ETF by 1.3% in the 1st quarter. Pacific Sun Financial Corp now owns 7,820 shares of the company’s stock worth $703,000 after buying an additional 100 shares during the last quarter. Kestra Advisory Services LLC increased its position in shares of iShares Morningstar U.S. Equity ETF by 2.3% during the first quarter. Kestra Advisory Services LLC now owns 10,739 shares of the company’s stock valued at $965,000 after acquiring an additional 245 shares during the last quarter. O Shaughnessy Asset Management LLC bought a new stake in iShares Morningstar U.S. Equity ETF during the fourth quarter worth $26,000. Integrated Wealth Concepts LLC lifted its holdings in iShares Morningstar U.S. Equity ETF by 14.5% during the fourth quarter. Integrated Wealth Concepts LLC now owns 3,088 shares of the company’s stock worth $291,000 after acquiring an additional 391 shares during the period. Finally, Stifel Financial Corp boosted its position in iShares Morningstar U.S. Equity ETF by 5.4% in the fourth quarter. Stifel Financial Corp now owns 9,293 shares of the company’s stock worth $877,000 after purchasing an additional 476 shares during the last quarter.

iShares Morningstar U.S. Equity ETF Company Profile

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.