Short Interest in iShares S&P 500 BuyWrite ETF (BATS:IVVW) Drops By 97.0%

iShares S&P 500 BuyWrite ETF (BATS:IVVW) saw a large drop in short interest in August. As of August 14th, there was short interest totaling 900 shares, a drop of 97.0% from the July 30th total of 30,449 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 50,037 shares, the short-interest ratio is presently 0.0 days.

Institutional Trading of iShares S&P 500 BuyWrite ETF

Hedge funds have recently made changes to their positions in the stock. Cetera Investment Advisers increased its position in shares of iShares S&P 500 BuyWrite ETF by 35.1% during the first quarter. Cetera Investment Advisers now owns 116,679 shares of the company’s stock valued at $5,094,000 after acquiring an additional 30,330 shares in the last quarter. OLD Mission Capital LLC lifted its holdings in shares of iShares S&P 500 BuyWrite ETF by 113.2% during the fourth quarter. OLD Mission Capital LLC now owns 20,065 shares of the company’s stock valued at $914,000 after purchasing an additional 10,653 shares in the last quarter. Osaic Holdings Inc. boosted its position in shares of iShares S&P 500 BuyWrite ETF by 596.2% during the second quarter. Osaic Holdings Inc. now owns 11,327 shares of the company’s stock valued at $526,000 after buying an additional 9,700 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of iShares S&P 500 BuyWrite ETF during the fourth quarter valued at $442,000. Finally, Susquehanna International Group LLP increased its holdings in iShares S&P 500 BuyWrite ETF by 40.4% in the 3rd quarter. Susquehanna International Group LLP now owns 17,108 shares of the company’s stock worth $797,000 after buying an additional 4,926 shares in the last quarter.

iShares S&P 500 BuyWrite ETF Stock Up 0.2%

Shares of BATS IVVW traded up $0.09 during midday trading on Tuesday, reaching $45.47. The company had a trading volume of 18,517 shares, compared to its average volume of 47,001. The stock has a market cap of $178.24 million, a PE ratio of 25.38 and a beta of 0.60. iShares S&P 500 BuyWrite ETF has a one year low of $42.50 and a one year high of $47.25. The firm’s fifty day moving average price is $44.63 and its 200-day moving average price is $44.49.

About iShares S&P 500 BuyWrite ETF

The iShares S&P 500 BuyWrite ETF (IVVW) is an exchange-traded fund that mostly invests in large cap equity. The fund is passively managed, aiming to participate in the price movement of US large-cap stocks, up to a certain cap, while also providing enhanced monthly income through a covered call option writing strategy. The fund-of-fund holds shares of the iShares Core S&P 500 ETF (IVV) while simultaneously writing one-month call options. IVVW was launched on Mar 14, 2024 and is issued by BlackRock.