Short Interest in iShares Large Cap Value Active ETF (NYSEARCA:BLCV) Grows By 100.9%

iShares Large Cap Value Active ETF (NYSEARCA:BLCV) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 4,173 shares, a growth of 100.9% from the June 15th total of 2,077 shares. Based on an average trading volume of 36,170 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

iShares Large Cap Value Active ETF Stock Up 0.6%

Shares of BLCV stock traded up $0.24 during trading on Wednesday, reaching $41.88. 8,784 shares of the company’s stock were exchanged, compared to its average volume of 23,765. iShares Large Cap Value Active ETF has a twelve month low of $34.19 and a twelve month high of $42.16. The firm’s fifty day moving average price is $40.40 and its 200-day moving average price is $38.79. The stock has a market capitalization of $345.93 million, a PE ratio of 16.21 and a beta of 0.78.

Hedge Funds Weigh In On iShares Large Cap Value Active ETF

An institutional investor recently bought a new position in iShares Large Cap Value Active ETF stock. Arkadios Wealth Advisors bought a new position in shares of iShares Large Cap Value Active ETF (NYSEARCA:BLCV) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 7,728 shares of the company’s stock, valued at approximately $279,000. Arkadios Wealth Advisors owned about 0.10% of iShares Large Cap Value Active ETF as of its most recent filing with the Securities and Exchange Commission.

iShares Large Cap Value Active ETF Company Profile

The BlackRock Large Cap Value ETF (BLCV) is an exchange-traded fund that is based on the Russell 1000 Value index. The fund is actively managed to provide exposure to a narrow portfolio US large-cap value stocks. The fund seeks to maximize total return. BLCV was launched on May 19, 2023 and is managed by BlackRock.