iShares Morningstar Growth ETF (NYSEARCA:ILCG) Short Interest Update

iShares Morningstar Growth ETF (NYSEARCA:ILCG) saw a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 30,334 shares, a growth of 73.7% from the May 14th total of 17,462 shares. Based on an average trading volume of 97,336 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Investors Weigh In On iShares Morningstar Growth ETF

A number of institutional investors and hedge funds have recently modified their holdings of ILCG. NBT Bank N A NY lifted its position in shares of iShares Morningstar Growth ETF by 175.0% during the 1st quarter. NBT Bank N A NY now owns 286 shares of the company’s stock valued at $27,000 after acquiring an additional 182 shares during the last quarter. Caitlin John LLC acquired a new stake in shares of iShares Morningstar Growth ETF during the 3rd quarter valued at $35,000. Parallel Advisors LLC acquired a new stake in shares of iShares Morningstar Growth ETF during the 3rd quarter valued at $37,000. O Shaughnessy Asset Management LLC lifted its position in shares of iShares Morningstar Growth ETF by 1,250.0% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 378 shares of the company’s stock valued at $39,000 after acquiring an additional 350 shares during the last quarter. Finally, MidAtlantic Capital Management Inc. acquired a new stake in shares of iShares Morningstar Growth ETF during the 4th quarter valued at $56,000.

iShares Morningstar Growth ETF Price Performance

Shares of NYSEARCA:ILCG traded up $3.21 on Monday, reaching $117.51. 94,841 shares of the company traded hands, compared to its average volume of 88,230. iShares Morningstar Growth ETF has a fifty-two week low of $91.26 and a fifty-two week high of $120.57. The company’s 50 day moving average is $111.18 and its 200-day moving average is $105.45. The stock has a market capitalization of $3.13 billion, a PE ratio of 38.10 and a beta of 1.22.

About iShares Morningstar Growth ETF

The iShares Morningstar Growth ETF (ILCG) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of growth stocks, selected from the top 90% of the US market-cap spectrum. ILCG was launched on Jun 28, 2004 and is managed by BlackRock.