iShares Morningstar Mid-Cap Value ETF ( NASDAQ:IMCV – Get Free Report ) was the target of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 8,049 shares, a decline of 41.9% from the August 15th total of 13,845 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 18,903 shares, the short-interest ratio is presently 0.4 days.
Hedge Funds Weigh In On iShares Morningstar Mid-Cap Value ETF A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Kestra Advisory Services LLC grew its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 200.1% during the first quarter. Kestra Advisory Services LLC now owns 25,306 shares of the company’s stock worth $2,146,000 after purchasing an additional 16,874 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in iShares Morningstar Mid-Cap Value ETF by 105.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 97,338 shares of the company’s stock worth $8,015,000 after buying an additional 49,880...