iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) Short Interest Down 61.5% in April

iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) saw a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 15,447 shares, a decrease of 61.5% from the April 15th total of 40,086 shares. Based on an average daily trading volume, of 12,008 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.2% of the company’s shares are sold short.

Hedge Funds Weigh In On iShares Morningstar Small-Cap Value ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Flagship Harbor Advisors LLC purchased a new stake in shares of iShares Morningstar Small-Cap Value ETF in the 4th quarter valued at approximately $29,000. Bessemer Group Inc. purchased a new stake in iShares Morningstar Small-Cap Value ETF during the 1st quarter worth about $48,000. Laurel Wealth Advisors LLC acquired a new position in shares of iShares Morningstar Small-Cap Value ETF during the 4th quarter worth about $58,000. Rockefeller Capital Management L.P. boosted its position in shares of iShares Morningstar Small-Cap Value ETF by 16.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,073 shares of the company’s stock worth $74,000 after acquiring an additional 150 shares in the last quarter. Finally, Basepoint Wealth LLC purchased a new position in shares of iShares Morningstar Small-Cap Value ETF in the 4th quarter valued at about $121,000.

iShares Morningstar Small-Cap Value ETF Trading Up 0.2%

iShares Morningstar Small-Cap Value ETF stock traded up $0.18 during trading on Thursday, hitting $73.84. The company had a trading volume of 4,694 shares, compared to its average volume of 16,057. The stock has a market cap of $642.41 million, a price-to-earnings ratio of 13.52 and a beta of 1.00. iShares Morningstar Small-Cap Value ETF has a 1-year low of $58.01 and a 1-year high of $75.38. The company’s 50 day simple moving average is $71.54 and its 200-day simple moving average is $70.52.

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.