iShares Morningstar Value ETF (NYSEARCA:ILCV) Short Interest Update

by · The Markets Daily

iShares Morningstar Value ETF (NYSEARCA:ILCV – Get Free Report) saw a significant drop in short interest in July. As of July 15th, there was short interest totaling 31,333 shares, a drop of 57.8% from the June 30th total of 74,280 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 25,207 shares, the short-interest ratio is presently 1.2 days.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in ILCV. PNC Financial Services Group Inc. grew its holdings in shares of iShares Morningstar Value ETF by 212.2% during the first quarter. PNC Financial Services Group Inc. now owns 306 shares of the company’s stock worth $29,000 after buying an additional 208 shares in the last quarter. IFP Advisors Inc lifted its stake in shares of iShares Morningstar Value ETF by 75.1% during the fourth quarter. IFP Advisors Inc now owns 373 shares of the company’s stock valued at $35,000 after buying an additional 160 shares during the period. Silicon Valley Capital Partners purchased a new position in shares of iShares Morningstar Value ETF during the third quarter valued at approximately $51,000. Capital Investment Advisory Services LLC acquired a new stake in iShares Morningstar Value ETF during the fourth quarter worth approximately $66,000. Finally, Advisory Services Network LLC acquired a new stake in iShares Morningstar Value ETF during the third quarter worth approximately $97,000.

iShares Morningstar Value ETF Trading Up 1.0%

Shares of NYSEARCA ILCV traded up $1.02 during trading on Tuesday, reaching $105.09. The company had a trading volume of 15,886 shares, compared to its average volume of 39,880. iShares Morningstar Value ETF has a twelve month low of $82.62 and a twelve month high of $105.30. The stock has a 50-day moving average price of $102.18 and a two-hundred day moving average price of $98.48. The stock has a market capitalization of $1.32 billion, a PE ratio of 19.33 and a beta of 0.81.

iShares Morningstar Value ETF Company Profile

(Get Free Report)

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.

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