Short Interest in iShares Morningstar Growth ETF (NYSEARCA:ILCG) Expands By 784.8%

iShares Morningstar Growth ETF (NYSEARCA:ILCG) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 108,228 shares, a growth of 784.8% from the December 31st total of 12,232 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 106,446 shares, the short-interest ratio is currently 1.0 days. Based on an average daily trading volume, of 106,446 shares, the short-interest ratio is currently 1.0 days. Approximately 0.4% of the shares of the stock are short sold.

iShares Morningstar Growth ETF Trading Up 0.0%

Shares of ILCG traded up $0.05 during trading hours on Wednesday, reaching $105.96. 50,845 shares of the company’s stock traded hands, compared to its average volume of 91,819. iShares Morningstar Growth ETF has a 12 month low of $69.47 and a 12 month high of $109.22. The stock has a market cap of $2.99 billion, a PE ratio of 38.10 and a beta of 1.16. The firm’s 50 day simple moving average is $104.23 and its 200-day simple moving average is $103.09.

Institutional Trading of iShares Morningstar Growth ETF

A number of hedge funds have recently bought and sold shares of the company. FAS Wealth Partners Inc. lifted its holdings in shares of iShares Morningstar Growth ETF by 2.3% in the 2nd quarter. FAS Wealth Partners Inc. now owns 598,563 shares of the company’s stock worth $58,001,000 after acquiring an additional 13,236 shares during the last quarter. Bank of America Corp DE raised its stake in iShares Morningstar Growth ETF by 8.7% in the third quarter. Bank of America Corp DE now owns 514,197 shares of the company’s stock worth $53,631,000 after buying an additional 41,280 shares in the last quarter. B&D White Capital Company LLC lifted its stake in shares of iShares Morningstar Growth ETF by 39.4% in the 3rd quarter. B&D White Capital Company LLC now owns 485,997 shares of the company’s stock valued at $50,689,000 after purchasing an additional 137,302 shares during the period. McKinley Carter Wealth Services Inc. lifted its position in iShares Morningstar Growth ETF by 0.4% during the second quarter. McKinley Carter Wealth Services Inc. now owns 461,073 shares of the company’s stock valued at $44,678,000 after buying an additional 1,830 shares during the period. Finally, AdvisorShares Investments LLC purchased a new position in iShares Morningstar Growth ETF during the 3rd quarter valued at about $41,913,000.

iShares Morningstar Growth ETF Company Profile

The iShares Morningstar Growth ETF (ILCG) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of growth stocks, selected from the top 90% of the US market-cap spectrum. ILCG was launched on Jun 28, 2004 and is managed by BlackRock.