iShares Morningstar Value ETF (NYSEARCA:ILCV) Short Interest Up 31.8% in December

iShares Morningstar Value ETF (NYSEARCA:ILCV) saw a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 40,559 shares, a growth of 31.8% from the December 15th total of 30,774 shares. Based on an average trading volume of 46,935 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.3% of the company’s shares are sold short. Approximately 0.3% of the company’s shares are sold short. Based on an average trading volume of 46,935 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of ILCV. Integrated Wealth Concepts LLC purchased a new stake in shares of iShares Morningstar Value ETF in the first quarter valued at $605,000. Jones Financial Companies Lllp grew its holdings in iShares Morningstar Value ETF by 578.4% during the 1st quarter. Jones Financial Companies Lllp now owns 3,392 shares of the company’s stock valued at $276,000 after purchasing an additional 2,892 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in iShares Morningstar Value ETF by 509.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 21,520 shares of the company’s stock valued at $1,753,000 after purchasing an additional 17,988 shares during the last quarter. Matrix Trust Co raised its position in iShares Morningstar Value ETF by 1.6% in the 2nd quarter. Matrix Trust Co now owns 700,341 shares of the company’s stock worth $58,401,000 after purchasing an additional 10,783 shares during the period. Finally, Kiley Juergens Wealth Management LLC lifted its stake in iShares Morningstar Value ETF by 0.7% in the second quarter. Kiley Juergens Wealth Management LLC now owns 89,184 shares of the company’s stock worth $7,437,000 after purchasing an additional 612 shares during the last quarter.

iShares Morningstar Value ETF Price Performance

Shares of NYSEARCA:ILCV traded down $0.12 during trading on Monday, hitting $96.27. The company had a trading volume of 33,413 shares, compared to its average volume of 50,801. The stock has a market cap of $1.21 billion, a price-to-earnings ratio of 19.33 and a beta of 0.88. The company has a fifty day simple moving average of $94.37 and a two-hundred day simple moving average of $90.15. iShares Morningstar Value ETF has a one year low of $70.58 and a one year high of $96.73.

About iShares Morningstar Value ETF

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.