Short Interest in iShares Morningstar Growth ETF (NYSEARCA:ILCG) Declines By 56.5%

iShares Morningstar Growth ETF (NYSEARCA:ILCGGet Free Report) was the target of a large decrease in short interest in February. As of February 27th, there was short interest totaling 7,018 shares, a decrease of 56.5% from the February 12th total of 16,147 shares. Based on an average daily trading volume, of 96,159 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 96,159 shares, the short-interest ratio is currently 0.1 days.

iShares Morningstar Growth ETF Trading Down 1.1%

NYSEARCA:ILCG traded down $1.06 during midday trading on Friday, hitting $98.19. 45,317 shares of the company were exchanged, compared to its average volume of 96,284. The company has a fifty day simple moving average of $102.79 and a 200 day simple moving average of $103.46. iShares Morningstar Growth ETF has a fifty-two week low of $69.47 and a fifty-two week high of $109.22. The company has a market capitalization of $2.78 billion, a PE ratio of 38.10 and a beta of 1.16.

Institutional Trading of iShares Morningstar Growth ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Transce3nd LLC acquired a new stake in shares of iShares Morningstar Growth ETF in the 2nd quarter valued at about $32,000. Caitlin John LLC acquired a new position in shares of iShares Morningstar Growth ETF in the 3rd quarter valued at $35,000. Parallel Advisors LLC acquired a new stake in iShares Morningstar Growth ETF during the 3rd quarter worth $37,000. O Shaughnessy Asset Management LLC boosted its stake in iShares Morningstar Growth ETF by 1,250.0% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 378 shares of the company’s stock worth $39,000 after purchasing an additional 350 shares during the period. Finally, Spire Wealth Management purchased a new position in iShares Morningstar Growth ETF during the 3rd quarter worth $53,000.

iShares Morningstar Growth ETF Company Profile

(Get Free Report)

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.

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