iShares Morningstar Growth ETF (NYSEARCA:ILCG) Short Interest Update

iShares Morningstar Growth ETF (NYSEARCA:ILCG) was the target of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 17,462 shares, a decline of 75.5% from the April 30th total of 71,403 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 89,656 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On iShares Morningstar Growth ETF

Hedge funds have recently added to or reduced their stakes in the stock. NBT Bank N A NY boosted its stake in iShares Morningstar Growth ETF by 175.0% during the 1st quarter. NBT Bank N A NY now owns 286 shares of the company’s stock valued at $27,000 after purchasing an additional 182 shares during the last quarter. Caitlin John LLC acquired a new position in iShares Morningstar Growth ETF during the 3rd quarter valued at about $35,000. Parallel Advisors LLC acquired a new position in iShares Morningstar Growth ETF during the 3rd quarter valued at about $37,000. O Shaughnessy Asset Management LLC boosted its stake in iShares Morningstar Growth ETF by 1,250.0% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 378 shares of the company’s stock valued at $39,000 after purchasing an additional 350 shares during the last quarter. Finally, MidAtlantic Capital Management Inc. acquired a new position in iShares Morningstar Growth ETF during the 4th quarter valued at about $56,000.

iShares Morningstar Growth ETF Stock Up 0.5%

ILCG stock traded up $0.64 during mid-day trading on Friday, reaching $118.88. 35,055 shares of the company traded hands, compared to its average volume of 88,041. The stock has a market cap of $3.16 billion, a price-to-earnings ratio of 38.10 and a beta of 1.22. iShares Morningstar Growth ETF has a fifty-two week low of $89.92 and a fifty-two week high of $119.08. The firm’s 50 day moving average price is $107.11 and its 200 day moving average price is $104.52.

About iShares Morningstar Growth ETF

The iShares Morningstar Growth ETF (ILCG) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of growth stocks, selected from the top 90% of the US market-cap spectrum. ILCG was launched on Jun 28, 2004 and is managed by BlackRock.