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

iShares Morningstar Growth ETF (NYSEARCA:ILCG) saw a significant increase in short interest in July. As of July 15th, there was short interest totaling 107,310 shares, an increase of 138.6% from the June 30th total of 44,984 shares. Based on an average daily trading volume, of 92,528 shares, the short-interest ratio is currently 1.2 days. Approximately 0.4% of the company’s shares are sold short.

iShares Morningstar Growth ETF Price Performance

Shares of ILCG opened at $110.98 on Tuesday. iShares Morningstar Growth ETF has a one year low of $91.26 and a one year high of $120.57. The company has a 50-day simple moving average of $115.23 and a two-hundred day simple moving average of $107.73. The firm has a market capitalization of $3.09 billion, a PE ratio of 38.10 and a beta of 1.22.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Investors Research Corp grew its stake in iShares Morningstar Growth ETF by 0.5% in the second quarter. Investors Research Corp now owns 91,309 shares of the company’s stock worth $10,685,000 after purchasing an additional 462 shares during the period. Wealthcare Advisory Partners LLC boosted its holdings in shares of iShares Morningstar Growth ETF by 14.1% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 11,577 shares of the company’s stock valued at $1,355,000 after buying an additional 1,428 shares in the last quarter. Evanson Financial LLC purchased a new stake in shares of iShares Morningstar Growth ETF in the 2nd quarter worth about $363,000. Dynamic Advisor Solutions LLC purchased a new stake in shares of iShares Morningstar Growth ETF in the 2nd quarter worth about $252,000. Finally, Pathway Financial Advisors LLC bought a new position in shares of iShares Morningstar Growth ETF in the 2nd quarter worth about $206,000.

iShares Morningstar Growth ETF Company Profile

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.