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

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

iShares Morningstar Value ETF Stock Up 0.6%

Shares of ILCV opened at $108.45 on Tuesday. The stock has a market capitalization of $1.37 billion, a P/E ratio of 19.33 and a beta of 0.81. iShares Morningstar Value ETF has a twelve month low of $88.43 and a twelve month high of $109.57. The company has a 50 day moving average of $107.47 and a 200-day moving average of $102.72.

Institutional Trading of iShares Morningstar Value ETF

A number of institutional investors have recently made changes to their positions in ILCV. Avior Wealth Management LLC bought a new position in iShares Morningstar Value ETF in the third quarter valued at $288,000. ANB Bank acquired a new stake in iShares Morningstar Value ETF in the 3rd quarter valued at $1,291,000. Balefire LLC acquired a new stake in iShares Morningstar Value ETF in the 3rd quarter valued at $851,000. Farther Finance Advisors LLC bought a new stake in iShares Morningstar Value ETF during the 3rd quarter worth about $501,000. Finally, Matrix Trust Co bought a new stake in iShares Morningstar Value ETF during the 3rd quarter worth about $70,744,000.

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.