Short Interest in iShares Core S&P 500 ETF (NYSEARCA:IVV) Rises By 90.8%

iShares Core S&P 500 ETF (NYSEARCA:IVV) was the recipient of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 14,699,401 shares, a growth of 90.8% from the April 15th total of 7,702,235 shares. Based on an average trading volume of 4,697,279 shares, the short-interest ratio is presently 3.1 days. Currently, 1.3% of the company’s shares are sold short.

Institutional Trading of iShares Core S&P 500 ETF

Institutional investors have recently bought and sold shares of the business. Keenan LLC acquired a new stake in iShares Core S&P 500 ETF during the 4th quarter worth $26,000. Punch & Associates Investment Management Inc. grew its holdings in shares of iShares Core S&P 500 ETF by 50.0% in the 1st quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the company’s stock valued at $27,000 after buying an additional 14 shares during the period. Decker Retirement Planning Inc. acquired a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at $29,000. GS Investments Inc. grew its holdings in shares of iShares Core S&P 500 ETF by 83.3% in the 4th quarter. GS Investments Inc. now owns 44 shares of the company’s stock valued at $30,000 after buying an additional 20 shares during the period. Finally, Palouse Capital Management Inc. acquired a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at $38,000. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

IVV traded down $0.54 during trading on Monday, reaching $741.91. 4,990,239 shares of the company’s stock were exchanged, compared to its average volume of 8,031,759. The company’s fifty day moving average price is $692.20 and its 200-day moving average price is $688.66. iShares Core S&P 500 ETF has a fifty-two week low of $578.31 and a fifty-two week high of $753.02. The firm has a market capitalization of $819.25 billion, a PE ratio of 25.10 and a beta of 1.00.

iShares Core S&P 500 ETF Company Profile

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.