iShares Morningstar Value ETF (NYSEARCA:ILCV) Sees Significant Decline in Short Interest

iShares Morningstar Value ETF (NYSEARCA:ILCV) saw a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 43,475 shares, a decrease of 50.1% from the April 15th total of 87,133 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 36,359 shares, the short-interest ratio is currently 1.2 days.

iShares Morningstar Value ETF Price Performance

Shares of iShares Morningstar Value ETF stock opened at $99.90 on Monday. The firm has a market capitalization of $1.25 billion, a P/E ratio of 19.33 and a beta of 0.81. The firm’s 50 day moving average is $96.00 and its two-hundred day moving average is $95.38. iShares Morningstar Value ETF has a 52 week low of $79.13 and a 52 week high of $100.84.

Hedge Funds Weigh In On iShares Morningstar Value ETF

A number of hedge funds have recently modified their holdings of the business. TSA Wealth Managment LLC grew its position in shares of iShares Morningstar Value ETF by 4.6% during the fourth quarter. TSA Wealth Managment LLC now owns 2,585 shares of the company’s stock worth $244,000 after acquiring an additional 114 shares during the last quarter. Mariner LLC grew its position in shares of iShares Morningstar Value ETF by 0.3% during the third quarter. Mariner LLC now owns 37,590 shares of the company’s stock worth $3,384,000 after acquiring an additional 115 shares during the last quarter. Madison Wealth Partners Inc grew its position in shares of iShares Morningstar Value ETF by 0.4% during the third quarter. Madison Wealth Partners Inc now owns 34,392 shares of the company’s stock worth $3,096,000 after acquiring an additional 125 shares during the last quarter. One Wealth Advisors LLC grew its position in shares of iShares Morningstar Value ETF by 2.0% during the third quarter. One Wealth Advisors LLC now owns 6,729 shares of the company’s stock worth $606,000 after acquiring an additional 130 shares during the last quarter. Finally, Stratos Wealth Partners LTD. grew its position in shares of iShares Morningstar Value ETF by 1.9% during the third quarter. Stratos Wealth Partners LTD. now owns 8,063 shares of the company’s stock worth $726,000 after acquiring an additional 153 shares during the last quarter.

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.