iShares Morningstar Value ETF (NYSEARCA:ILCV) Short Interest Down 71.8% in May

iShares Morningstar Value ETF (NYSEARCA:ILCV) saw a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 7,585 shares, a decrease of 71.8% from the May 14th total of 26,895 shares. Based on an average trading volume of 27,246 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. TSA Wealth Managment LLC raised its position in iShares Morningstar Value ETF by 4.6% during the 4th quarter. TSA Wealth Managment LLC now owns 2,585 shares of the company’s stock worth $244,000 after purchasing an additional 114 shares during the last quarter. Mariner LLC raised its position in iShares Morningstar Value ETF by 0.3% during the 3rd quarter. Mariner LLC now owns 37,590 shares of the company’s stock worth $3,384,000 after purchasing an additional 115 shares during the last quarter. Madison Wealth Partners Inc raised its position in iShares Morningstar Value ETF by 0.4% during the 3rd quarter. Madison Wealth Partners Inc now owns 34,392 shares of the company’s stock worth $3,096,000 after purchasing an additional 125 shares during the last quarter. Stratos Wealth Partners LTD. raised its position in iShares Morningstar Value ETF by 1.9% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 8,063 shares of the company’s stock worth $726,000 after purchasing an additional 153 shares during the last quarter. Finally, IFP Advisors Inc raised its position in iShares Morningstar Value ETF by 75.1% during the 4th quarter. IFP Advisors Inc now owns 373 shares of the company’s stock worth $35,000 after purchasing an additional 160 shares during the last quarter.

iShares Morningstar Value ETF Stock Performance

Shares of ILCV traded up $0.70 during trading hours on Friday, reaching $101.92. The stock had a trading volume of 15,508 shares, compared to its average volume of 44,167. iShares Morningstar Value ETF has a 12 month low of $80.65 and a 12 month high of $102.32. The stock has a market capitalization of $1.27 billion, a PE ratio of 19.33 and a beta of 0.81. The company’s 50-day moving average is $99.04 and its two-hundred day moving average is $96.68.

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.