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

iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) saw a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 632 shares, a decrease of 58.4% from the July 15th total of 1,521 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 8,282 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On iShares Morningstar U.S. Equity ETF

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

iShares Morningstar U.S. Equity ETF Stock Performance

Shares of NYSEARCA ILCB traded down $0.07 during trading hours on Monday, hitting $107.60. The company’s stock had a trading volume of 401 shares, compared to its average volume of 17,543. iShares Morningstar U.S. Equity ETF has a 12 month low of $86.96 and a 12 month high of $108.11. The stock has a market cap of $1.32 billion, a price-to-earnings ratio of 26.16 and a beta of 1.03. The business has a 50-day simple moving average of $103.81 and a 200-day simple moving average of $99.05.

iShares Morningstar U.S. Equity ETF Company Profile

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.