iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) Short Interest Up 279.0% in May

iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) saw a large increase in short interest in May. As of May 29th, there was short interest totaling 10,774 shares, an increase of 279.0% from the May 14th total of 2,843 shares. Based on an average daily volume of 10,834 shares, the short-interest ratio is currently 1.0 days. Approximately 0.1% of the company’s stock are short sold.

iShares Morningstar U.S. Equity ETF Stock Up 0.5%

Shares of ILCB traded up $0.50 during trading on Friday, reaching $102.77. The company’s stock had a trading volume of 5,955 shares, compared to its average volume of 19,104. The company has a fifty day moving average of $99.92 and a two-hundred day moving average of $96.14. iShares Morningstar U.S. Equity ETF has a twelve month low of $82.30 and a twelve month high of $105.39. The company has a market cap of $1.26 billion, a price-to-earnings ratio of 26.16 and a beta of 1.02.

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

Several institutional investors and hedge funds have recently made changes to their positions in the company. Exchange Traded Concepts LLC raised its position in shares of iShares Morningstar U.S. Equity ETF by 10.4% during the 4th quarter. Exchange Traded Concepts LLC now owns 519,869 shares of the company’s stock valued at $49,065,000 after acquiring an additional 48,866 shares in the last quarter. Ameriprise Financial Inc. raised its position in shares of iShares Morningstar U.S. Equity ETF by 4.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 514,702 shares of the company’s stock valued at $47,574,000 after acquiring an additional 20,495 shares in the last quarter. LPL Financial LLC raised its position in shares of iShares Morningstar U.S. Equity ETF by 18.9% during the 4th quarter. LPL Financial LLC now owns 246,468 shares of the company’s stock valued at $23,262,000 after acquiring an additional 39,225 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of iShares Morningstar U.S. Equity ETF by 1,164.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 236,755 shares of the company’s stock valued at $22,345,000 after acquiring an additional 218,027 shares in the last quarter. Finally, Cetera Investment Advisers raised its position in shares of iShares Morningstar U.S. Equity ETF by 4.9% during the 1st quarter. Cetera Investment Advisers now owns 218,649 shares of the company’s stock valued at $19,648,000 after acquiring an additional 10,298 shares in the last quarter.

About iShares Morningstar U.S. Equity ETF

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.