iShares Morningstar Value ETF (NYSEARCA:ILCV) Short Interest Down 65.2% in July

iShares Morningstar Value ETF (NYSEARCA:ILCV) saw a significant decline in short interest in July. As of July 31st, there was short interest totaling 10,894 shares, a decline of 65.2% from the July 15th total of 31,333 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 20,671 shares, the days-to-cover ratio is currently 0.5 days.

iShares Morningstar Value ETF Stock Performance

Shares of ILCV stock traded up $0.06 during trading hours on Friday, reaching $108.21. The company had a trading volume of 14,117 shares, compared to its average volume of 38,516. The company has a market capitalization of $1.36 billion, a P/E ratio of 19.33 and a beta of 0.80. iShares Morningstar Value ETF has a twelve month low of $86.12 and a twelve month high of $108.41. The stock’s fifty day simple moving average is $103.46 and its 200 day simple moving average is $99.39.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in ILCV. Equitable Holdings Inc. boosted its stake in shares of iShares Morningstar Value ETF by 2.9% in the second quarter. Equitable Holdings Inc. now owns 904,531 shares of the company’s stock valued at $75,429,000 after purchasing an additional 25,171 shares during the period. Bank of America Corp DE increased its stake in iShares Morningstar Value ETF by 1.7% during the 3rd quarter. Bank of America Corp DE now owns 825,721 shares of the company’s stock worth $74,331,000 after buying an additional 13,548 shares during the period. Matrix Trust Co lifted its holdings in iShares Morningstar Value ETF by 0.7% in the 2nd quarter. Matrix Trust Co now owns 670,985 shares of the company’s stock worth $67,930,000 after buying an additional 4,585 shares in the last quarter. Steele Capital Management Inc. lifted its holdings in iShares Morningstar Value ETF by 1.0% in the 4th quarter. Steele Capital Management Inc. now owns 670,081 shares of the company’s stock worth $63,229,000 after buying an additional 6,822 shares in the last quarter. Finally, UBS Group AG boosted its position in iShares Morningstar Value ETF by 7.9% in the 3rd quarter. UBS Group AG now owns 536,027 shares of the company’s stock valued at $48,253,000 after buying an additional 39,138 shares during the last quarter.

iShares Morningstar Value ETF Company Profile

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