iShares Morningstar Value ETF (NYSEARCA:ILCV) Short Interest Down 57.8% in July

iShares Morningstar Value ETF (NYSEARCA:ILCV) was the recipient of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 31,333 shares, a drop of 57.8% from the June 30th total of 74,280 shares. Based on an average daily volume of 25,207 shares, the short-interest ratio is presently 1.2 days. Currently, 0.2% of the company’s shares are short sold.

iShares Morningstar Value ETF Price Performance

Shares of ILCV stock opened at $103.35 on Monday. The company has a market capitalization of $1.30 billion, a PE ratio of 19.33 and a beta of 0.81. The firm’s 50-day moving average is $102.01 and its two-hundred day moving average is $98.35. iShares Morningstar Value ETF has a 12 month low of $82.62 and a 12 month high of $104.81.

Institutional Trading of iShares Morningstar Value ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in ILCV. PNC Financial Services Group Inc. raised its position in shares of iShares Morningstar Value ETF by 212.2% during the 1st quarter. PNC Financial Services Group Inc. now owns 306 shares of the company’s stock valued at $29,000 after buying an additional 208 shares during the period. IFP Advisors Inc lifted its holdings in iShares Morningstar Value ETF by 75.1% in the fourth quarter. IFP Advisors Inc now owns 373 shares of the company’s stock valued at $35,000 after acquiring an additional 160 shares during the last quarter. Silicon Valley Capital Partners purchased a new position in iShares Morningstar Value ETF in the third quarter worth approximately $51,000. Capital Investment Advisory Services LLC purchased a new position in iShares Morningstar Value ETF in the fourth quarter worth approximately $66,000. Finally, Advisory Services Network LLC acquired a new stake in iShares Morningstar Value ETF during the third quarter worth $97,000.

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.