iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) Short Interest Up 97.8% in August

iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) was the recipient of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 1,250 shares, an increase of 97.8% from the July 30th total of 632 shares. Based on an average daily volume of 14,664 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

iShares Morningstar U.S. Equity ETF Trading Down 0.5%

Shares of ILCB traded down $0.50 during midday trading on Monday, reaching $106.15. The stock had a trading volume of 2,614 shares, compared to its average volume of 17,302. The company’s 50-day moving average is $104.52 and its 200 day moving average is $99.82. iShares Morningstar U.S. Equity ETF has a 12-month low of $86.96 and a 12-month high of $108.11. The company has a market capitalization of $1.31 billion, a price-to-earnings ratio of 26.16 and a beta of 1.02.

Institutional Investors Weigh In On iShares Morningstar U.S. Equity ETF

A number of hedge funds have recently made changes to their positions in the business. Bank of America Corp DE grew its holdings in iShares Morningstar U.S. Equity ETF by 13.0% in the 1st quarter. Bank of America Corp DE now owns 114,117 shares of the company’s stock worth $10,255,000 after acquiring an additional 13,157 shares during the last quarter. Rothschild Wealth LLC bought a new position in shares of iShares Morningstar U.S. Equity ETF during the fourth quarter valued at about $929,000. Fifth Third Bancorp boosted its holdings in shares of iShares Morningstar U.S. Equity ETF by 1,432.7% during the first quarter. Fifth Third Bancorp now owns 7,970 shares of the company’s stock worth $716,000 after purchasing an additional 7,450 shares during the period. Aurora Private Wealth Inc. purchased a new stake in shares of iShares Morningstar U.S. Equity ETF during the fourth quarter worth about $511,000. Finally, Independent Financial Group LLC bought a new stake in shares of iShares Morningstar U.S. Equity ETF in the first quarter worth about $3,124,000.

iShares Morningstar U.S. Equity ETF Company Profile

The iShares Morningstar U.S. Equity ETF (ILCB) is an exchange-traded fund that is based on the Morningstar US Large-Mid Cap index. The fund tracks a market cap-weighted index consists of both growth and value stocks, selected from the top 90% of the US market-cap spectrum. ILCB was launched on Jun 28, 2004 and is managed by BlackRock.