iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) Short Interest Update

iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) saw a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 54,348 shares, a growth of 107.8% from the May 14th total of 26,151 shares. Based on an average daily volume of 44,694 shares, the short-interest ratio is presently 1.2 days. Currently, 0.6% of the company’s stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in iShares Large Cap Deep Quarterly Laddered ETF stock. Captrust Financial Advisors boosted its position in shares of iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) by 9.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 412,398 shares of the company’s stock after acquiring an additional 34,051 shares during the period. Captrust Financial Advisors owned 11.33% of iShares Large Cap Deep Quarterly Laddered ETF worth $13,494,000 as of its most recent filing with the Securities & Exchange Commission.

iShares Large Cap Deep Quarterly Laddered ETF Price Performance

iShares Large Cap Deep Quarterly Laddered ETF stock traded up $0.09 during trading hours on Friday, reaching $34.39. The stock had a trading volume of 25,413 shares, compared to its average volume of 23,002. The company has a market cap of $295.75 million, a price-to-earnings ratio of 24.72 and a beta of 0.72. The business’s 50 day moving average price is $33.88 and its 200-day moving average price is $33.42. iShares Large Cap Deep Quarterly Laddered ETF has a 52 week low of $30.55 and a 52 week high of $36.92.

iShares Large Cap Deep Quarterly Laddered ETF Company Profile

The iShares Large Cap Deep Buffer ETF (IVVB) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to participate in the price movement of US large-cap stocks, up to a cap, while applying a downside hedge against declines occurring in the range of 5-20%, during a calendar quarter. The actively managed fund holds a bundle of iShares Core S&P 500 ETF flex options. IVVB was launched on Jun 28, 2023 and is managed by BlackRock.