iShares Morningstar Value ETF (NYSEARCA:ILCV) Short Interest Up 164.4% in February

iShares Morningstar Value ETF (NYSEARCA:ILCV) was the target of a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 85,971 shares, a growth of 164.4% from the January 29th total of 32,516 shares. Currently, 0.7% of the shares of the stock are short sold. Based on an average daily volume of 43,428 shares, the days-to-cover ratio is presently 2.0 days. Based on an average daily volume of 43,428 shares, the days-to-cover ratio is presently 2.0 days. Currently, 0.7% of the shares of the stock are short sold.

iShares Morningstar Value ETF Price Performance

ILCV stock opened at $97.78 on Friday. The company has a 50 day moving average price of $96.30 and a 200 day moving average price of $92.57. iShares Morningstar Value ETF has a fifty-two week low of $70.58 and a fifty-two week high of $98.41. The stock has a market capitalization of $1.20 billion, a PE ratio of 19.33 and a beta of 0.88.

Hedge Funds Weigh In On iShares Morningstar Value ETF

Large investors have recently made changes to their positions in the company. Van Diest Capital LLC acquired a new stake in iShares Morningstar Value ETF in the fourth quarter worth about $488,000. Corient Private Wealth LLC lifted its position in iShares Morningstar Value ETF by 5.3% during the 4th quarter. Corient Private Wealth LLC now owns 116,906 shares of the company’s stock valued at $11,031,000 after purchasing an additional 5,921 shares during the period. Asset One Wealth Management LLC bought a new position in shares of iShares Morningstar Value ETF in the 4th quarter valued at about $2,010,000. MML Investors Services LLC boosted its stake in shares of iShares Morningstar Value ETF by 0.4% in the 4th quarter. MML Investors Services LLC now owns 59,749 shares of the company’s stock valued at $5,638,000 after purchasing an additional 210 shares during the last quarter. Finally, Arax Advisory Partners acquired a new stake in shares of iShares Morningstar Value ETF during the 4th quarter worth approximately $126,000.

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.