Short Interest in iShares Core S&P 500 ETF (NYSEARCA:IVV) Grows By 75.6%

iShares Core S&P 500 ETF (NYSEARCA:IVV) saw a large growth in short interest in June. As of June 30th, there was short interest totaling 10,691,827 shares, a growth of 75.6% from the June 15th total of 6,087,926 shares. Based on an average daily trading volume, of 14,558,988 shares, the short-interest ratio is presently 0.7 days. Approximately 0.9% of the shares of the stock are sold short.

Institutional Investors Weigh In On iShares Core S&P 500 ETF

Large investors have recently modified their holdings of the stock. Legacy Private Trust Co. raised its stake in shares of iShares Core S&P 500 ETF by 1.1% during the 4th quarter. Legacy Private Trust Co. now owns 333,049 shares of the ETF’s stock worth $228,119,000 after purchasing an additional 3,711 shares in the last quarter. Belpointe Asset Management LLC increased its holdings in iShares Core S&P 500 ETF by 4.5% in the fourth quarter. Belpointe Asset Management LLC now owns 39,767 shares of the ETF’s stock worth $27,239,000 after buying an additional 1,700 shares during the last quarter. Hubbell Strickland Wealth Management LLC increased its holdings in iShares Core S&P 500 ETF by 2.0% in the fourth quarter. Hubbell Strickland Wealth Management LLC now owns 39,670 shares of the ETF’s stock worth $27,172,000 after buying an additional 792 shares during the last quarter. Atria Investments Inc increased its holdings in iShares Core S&P 500 ETF by 14.0% in the fourth quarter. Atria Investments Inc now owns 251,381 shares of the ETF’s stock worth $172,181,000 after buying an additional 30,777 shares during the last quarter. Finally, M&T Bank Corp raised its position in iShares Core S&P 500 ETF by 0.8% during the fourth quarter. M&T Bank Corp now owns 1,309,001 shares of the ETF’s stock valued at $896,587,000 after acquiring an additional 10,723 shares in the last quarter. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Stock Down 0.5%

Shares of IVV stock opened at $754.42 on Friday. The stock has a 50-day simple moving average of $748.19 and a 200 day simple moving average of $709.01. The stock has a market capitalization of $889.61 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a fifty-two week low of $622.31 and a fifty-two week high of $764.00.

About iShares Core S&P 500 ETF

iShares Core S&P 500 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Standard & Poor’s 500 Index (the Index). The Index measures the performance of the large-capitalization sector of the United States equity market. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.