iShares Morningstar Growth ETF (NYSEARCA:ILCG) Short Interest Down 38.0% in December

iShares Morningstar Growth ETF (NYSEARCA:ILCG) saw a significant decline in short interest in December. As of December 15th, there was short interest totaling 38,005 shares, a decline of 38.0% from the November 30th total of 61,281 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 108,813 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 108,813 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are sold short.

iShares Morningstar Growth ETF Trading Up 0.0%

ILCG stock traded up $0.05 during trading on Friday, hitting $105.61. The company had a trading volume of 23,301 shares, compared to its average volume of 90,631. The company has a fifty day moving average price of $104.44 and a two-hundred day moving average price of $101.54. iShares Morningstar Growth ETF has a fifty-two week low of $69.47 and a fifty-two week high of $109.22. The company has a market cap of $3.08 billion, a P/E ratio of 38.10 and a beta of 1.16.

Hedge Funds Weigh In On iShares Morningstar Growth ETF

Several institutional investors have recently added to or reduced their stakes in the company. Transce3nd LLC acquired a new position in iShares Morningstar Growth ETF in the second quarter valued at about $32,000. Caitlin John LLC bought a new position in shares of iShares Morningstar Growth ETF in the third quarter valued at approximately $35,000. Parallel Advisors LLC acquired a new position in iShares Morningstar Growth ETF in the third quarter valued at about $37,000. Hantz Financial Services Inc. bought a new position in iShares Morningstar Growth ETF during the second quarter worth about $40,000. Finally, Spire Wealth Management acquired a new position in shares of iShares Morningstar Growth ETF during the 3rd quarter worth about $53,000.

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.