iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) Short Interest Update

iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) saw a large increase in short interest in August. As of August 14th, there was short interest totaling 1,250 shares, an increase of 97.8% from the July 30th total of 632 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 14,664 shares, the short-interest ratio is presently 0.1 days.

iShares Morningstar U.S. Equity ETF Stock Performance

ILCB stock opened at $106.65 on Friday. The company has a market capitalization of $1.31 billion, a PE ratio of 26.16 and a beta of 1.02. iShares Morningstar U.S. Equity ETF has a one year low of $86.96 and a one year high of $108.11. The company’s 50 day moving average price is $104.52 and its two-hundred day moving average price is $99.79.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Royal Bank of Canada boosted its holdings in iShares Morningstar U.S. Equity ETF by 11.5% during the 1st quarter. Royal Bank of Canada now owns 47,673 shares of the company’s stock valued at $3,683,000 after acquiring an additional 4,906 shares during the period. Integrated Wealth Concepts LLC bought a new position in shares of iShares Morningstar U.S. Equity ETF in the first quarter worth approximately $214,000. Goldman Sachs Group Inc. bought a new position in shares of iShares Morningstar U.S. Equity ETF in the first quarter worth approximately $3,563,000. Jane Street Group LLC increased its stake in shares of iShares Morningstar U.S. Equity ETF by 76.8% in the first quarter. Jane Street Group LLC now owns 6,659 shares of the company’s stock worth $514,000 after buying an additional 2,893 shares during the period. Finally, Focus Partners Wealth purchased a new position in shares of iShares Morningstar U.S. Equity ETF in the first quarter worth $273,000.

About iShares Morningstar U.S. Equity ETF

The iShares Morningstar U.S. Equity ETF (ILCB) is an exchange-traded fund that is based on the Morningstar US Large-Mid Cap index. The fund tracks a market cap-weighted index consists of both growth and value stocks, selected from the top 90% of the US market-cap spectrum. ILCB was launched on Jun 28, 2004 and is managed by BlackRock.