iShares Morningstar Value ETF (NYSEARCA:ILCV) Sees Large Increase in Short Interest

iShares Morningstar Value ETF (NYSEARCA:ILCV) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 52,759 shares, a growth of 307.2% from the September 15th total of 12,958 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 30,428 shares, the short-interest ratio is presently 1.7 days.

iShares Morningstar Value ETF Trading Up 0.6%

ILCV stock traded up $0.61 during midday trading on Monday, hitting $108.45. The company’s stock had a trading volume of 11,529 shares, compared to its average volume of 35,578. The company has a market cap of $1.37 billion, a PE ratio of 19.33 and a beta of 0.81. iShares Morningstar Value ETF has a 12 month low of $88.43 and a 12 month high of $109.57. The firm’s 50-day moving average is $107.43 and its 200-day moving average is $102.61.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. ANB Bank purchased a new stake in shares of iShares Morningstar Value ETF in the third quarter worth $1,291,000. Balefire LLC purchased a new position in shares of iShares Morningstar Value ETF during the 3rd quarter valued at $851,000. Farther Finance Advisors LLC bought a new position in iShares Morningstar Value ETF in the 3rd quarter worth $501,000. Matrix Trust Co bought a new position in iShares Morningstar Value ETF in the 3rd quarter worth $70,744,000. Finally, Asempa Wealth Advisors bought a new position in iShares Morningstar Value ETF in the 3rd quarter worth $1,677,000.

iShares Morningstar Value ETF Company Profile

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.