iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) Sees Significant Growth in Short Interest

iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) was the recipient of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 50,818 shares, an increase of 94.4% from the May 14th total of 26,143 shares. Based on an average daily volume of 9,489 shares, the short-interest ratio is presently 5.4 days. Approximately 0.6% of the company’s shares are sold short.

iShares Morningstar Small-Cap Value ETF Stock Down 0.3%

Shares of ISCV traded down $0.26 during trading hours on Tuesday, reaching $76.56. 6,635 shares of the company traded hands, compared to its average volume of 14,975. iShares Morningstar Small-Cap Value ETF has a 12 month low of $59.29 and a 12 month high of $77.79. The company’s fifty day moving average price is $74.08 and its two-hundred day moving average price is $71.94. The company has a market capitalization of $666.07 million, a price-to-earnings ratio of 13.52 and a beta of 0.99.

Institutional Trading of iShares Morningstar Small-Cap Value ETF

Several large investors have recently bought and sold shares of the company. Exchange Traded Concepts LLC raised its position in shares of iShares Morningstar Small-Cap Value ETF by 12.5% in the 4th quarter. Exchange Traded Concepts LLC now owns 908,467 shares of the company’s stock worth $62,230,000 after acquiring an additional 101,072 shares in the last quarter. Focus Partners Wealth boosted its position in shares of iShares Morningstar Small-Cap Value ETF by 4.5% during the third quarter. Focus Partners Wealth now owns 413,434 shares of the company’s stock valued at $27,524,000 after purchasing an additional 17,642 shares in the last quarter. VAUGHAN & Co SECURITIES INC. grew its stake in iShares Morningstar Small-Cap Value ETF by 3.6% in the fourth quarter. VAUGHAN & Co SECURITIES INC. now owns 300,980 shares of the company’s stock worth $20,617,000 after purchasing an additional 10,322 shares during the period. Royal Bank of Canada raised its holdings in iShares Morningstar Small-Cap Value ETF by 51.1% in the first quarter. Royal Bank of Canada now owns 234,525 shares of the company’s stock worth $16,302,000 after purchasing an additional 79,297 shares in the last quarter. Finally, LPL Financial LLC raised its holdings in iShares Morningstar Small-Cap Value ETF by 36.0% in the fourth quarter. LPL Financial LLC now owns 231,259 shares of the company’s stock worth $15,841,000 after purchasing an additional 61,259 shares in the last quarter.

iShares Morningstar Small-Cap Value ETF Company Profile

The iShares Morningstar Small-Cap Value ETF (ISCV) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a market-cap-weighted index of US small-cap value stocks. The index selects stocks from 90-99.5% of market cap that fall into Morningstar’s value style categorization. ISCV was launched on Jun 28, 2004 and is managed by BlackRock.