iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) Sees Significant Growth in Short Interest

iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 26,151 shares, a growth of 487.3% from the April 30th total of 4,453 shares. Based on an average daily volume of 17,830 shares, the short-interest ratio is currently 1.5 days. Currently, 0.3% of the shares of the company are short sold.

Institutional Trading of iShares Large Cap Deep Quarterly Laddered ETF

An institutional investor recently raised its position in iShares Large Cap Deep Quarterly Laddered ETF stock. Captrust Financial Advisors grew its position in iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) by 14.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 378,347 shares of the company’s stock after acquiring an additional 47,416 shares during the period. Captrust Financial Advisors owned about 5.06% of iShares Large Cap Deep Quarterly Laddered ETF worth $11,733,000 at the end of the most recent quarter.

iShares Large Cap Deep Quarterly Laddered ETF Stock Performance

IVVB stock opened at $34.52 on Thursday. The stock has a market capitalization of $296.87 million, a PE ratio of 24.72 and a beta of 0.72. The company has a fifty day moving average of $33.35 and a 200-day moving average of $33.30. iShares Large Cap Deep Quarterly Laddered ETF has a one year low of $30.12 and a one year high of $34.55.

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.