iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCB) Short Interest Up 242.9% in June

iShares Morningstar U.S. Equity ETF (NYSEARCA:ILCBGet Free Report) was the target of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 27,353 shares, an increase of 242.9% from the June 15th total of 7,977 shares. Based on an average daily trading volume, of 11,739 shares, the short-interest ratio is currently 2.3 days. Currently, 0.2% of the company’s shares are short sold.

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

Several institutional investors have recently bought and sold shares of the company. O Shaughnessy Asset Management LLC purchased a new stake in iShares Morningstar U.S. Equity ETF during the fourth quarter worth about $26,000. Flagship Harbor Advisors LLC purchased a new position in shares of iShares Morningstar U.S. Equity ETF in the fourth quarter valued at approximately $30,000. Olistico Wealth LLC acquired a new position in shares of iShares Morningstar U.S. Equity ETF in the fourth quarter valued at approximately $45,000. Western Wealth Management LLC acquired a new position in shares of iShares Morningstar U.S. Equity ETF in the first quarter valued at approximately $45,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of iShares Morningstar U.S. Equity ETF in the fourth quarter valued at approximately $57,000.

iShares Morningstar U.S. Equity ETF Stock Performance

Shares of NYSEARCA ILCB opened at $104.67 on Monday. The stock has a market capitalization of $1.29 billion, a PE ratio of 26.16 and a beta of 1.01. iShares Morningstar U.S. Equity ETF has a twelve month low of $85.94 and a twelve month high of $105.39. The stock has a fifty day simple moving average of $102.94 and a 200-day simple moving average of $97.42.

About iShares Morningstar U.S. Equity ETF

(Get Free Report)

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.

See Also

Receive News & Ratings for iShares Morningstar U.S. Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Morningstar U.S. Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.