iShares Morningstar Value ETF (NYSEARCA:ILCV) Short Interest Update

iShares Morningstar Value ETF (NYSEARCA:ILCV) was the recipient of a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 26,895 shares, a drop of 38.1% from the April 30th total of 43,475 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 31,033 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Trading of iShares Morningstar Value ETF

Several institutional investors and hedge funds have recently made changes to their positions in ILCV. PNC Financial Services Group Inc. raised its position in iShares Morningstar Value ETF by 212.2% during the first quarter. PNC Financial Services Group Inc. now owns 306 shares of the company’s stock valued at $29,000 after purchasing an additional 208 shares in the last quarter. IFP Advisors Inc increased its position in shares of iShares Morningstar Value ETF by 75.1% during the 4th quarter. IFP Advisors Inc now owns 373 shares of the company’s stock valued at $35,000 after purchasing an additional 160 shares during the last quarter. Silicon Valley Capital Partners purchased a new position in shares of iShares Morningstar Value ETF during the 3rd quarter valued at about $51,000. Capital Investment Advisory Services LLC purchased a new position in shares of iShares Morningstar Value ETF during the 4th quarter valued at about $66,000. Finally, Caitlin John LLC bought a new stake in iShares Morningstar Value ETF in the 3rd quarter worth approximately $72,000.

iShares Morningstar Value ETF Trading Up 0.9%

Shares of NYSEARCA ILCV traded up $0.89 during midday trading on Thursday, hitting $102.18. 530 shares of the company’s stock were exchanged, compared to its average volume of 44,750. The business’s fifty day moving average price is $97.82 and its two-hundred day moving average price is $96.23. The company has a market cap of $1.28 billion, a price-to-earnings ratio of 19.33 and a beta of 0.81. iShares Morningstar Value ETF has a 12-month low of $80.65 and a 12-month high of $102.18.

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.