iShares Large Cap Core Active ETF (NASDAQ:BLCR) Shares Shorted: Short Interest Down 52.4% in October

iShares Large Cap Core Active ETF (NASDAQ:BLCR) was the recipient of a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 181,571 shares, a decline of 52.4% from the September 30th total of 381,753 shares. Based on an average daily trading volume, of 1,254,173 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

Hedge Funds Weigh In On iShares Large Cap Core Active ETF

Several hedge funds have recently modified their holdings of BLCR. Bank of New York Mellon Corp acquired a new stake in shares of iShares Large Cap Core Active ETF during the first quarter worth $73,472,000. Farther Finance Advisors LLC grew its holdings in shares of iShares Large Cap Core Active ETF by 50.1% during the third quarter. Farther Finance Advisors LLC now owns 306,365 shares of the company’s stock valued at $15,000,000 after buying an additional 102,240 shares during the last quarter. Beacon Financial Group acquired a new position in shares of iShares Large Cap Core Active ETF in the 1st quarter valued at $8,807,000. Tsfg LLC acquired a new position in shares of iShares Large Cap Core Active ETF in the 2nd quarter valued at $8,107,000. Finally, Fifth Third Wealth Advisors LLC increased its position in shares of iShares Large Cap Core Active ETF by 59.3% in the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 161,247 shares of the company’s stock valued at $7,895,000 after acquiring an additional 60,044 shares during the period.

iShares Large Cap Core Active ETF Price Performance

iShares Large Cap Core Active ETF stock traded down $1.29 during midday trading on Friday, reaching $47.82. The company’s stock had a trading volume of 703,862 shares, compared to its average volume of 1,156,879. The stock’s 50-day simple moving average is $49.28 and its 200-day simple moving average is $47.19. iShares Large Cap Core Active ETF has a 52-week low of $39.48 and a 52-week high of $51.02. The stock has a market capitalization of $9.58 billion, a P/E ratio of 29.58 and a beta of 1.19.

iShares Large Cap Core Active ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were paid a dividend of $0.0664 per share. The ex-dividend date was Tuesday, September 15th. This is a positive change from iShares Large Cap Core Active ETF’s previous quarterly dividend of $0.0581. This represents a $0.27 dividend on an annualized basis and a dividend yield of 0.6%.

iShares Large Cap Core Active ETF Company Profile

The BlackRock Large Cap Core ETF (BLCR) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of attractively valued large-cap equity securities selected through fundamental and quantitative analysis. It primarily holds US companies but may invest in foreign securities up to 25%. BLCR was launched on Oct 24, 2023 and is issued by BlackRock.