iShares S&P 500 BuyWrite ETF (BATS:IVVW) Short Interest Down 85.1% in July

iShares S&P 500 BuyWrite ETF (BATS:IVVW) was the target of a significant decline in short interest in July. As of July 15th, there was short interest totaling 8,349 shares, a decline of 85.1% from the June 30th total of 56,140 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily volume of 49,647 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of iShares S&P 500 BuyWrite ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Jane Street Group LLC acquired a new stake in shares of iShares S&P 500 BuyWrite ETF during the 4th quarter worth approximately $442,000. Osaic Holdings Inc. raised its position in 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 purchasing an additional 9,700 shares in the last quarter. Susquehanna International Group LLP lifted its stake in iShares S&P 500 BuyWrite ETF by 40.4% during the third quarter. Susquehanna International Group LLP now owns 17,108 shares of the company’s stock worth $797,000 after purchasing an additional 4,926 shares during the last quarter. OLD Mission Capital LLC lifted its stake in 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 worth $914,000 after purchasing an additional 10,653 shares during the last quarter. Finally, Retirement Planning Group LLC lifted its stake in iShares S&P 500 BuyWrite ETF by 10.0% during the fourth quarter. Retirement Planning Group LLC now owns 41,434 shares of the company’s stock worth $1,886,000 after purchasing an additional 3,778 shares during the last quarter.

iShares S&P 500 BuyWrite ETF Stock Up 0.1%

IVVW opened at $44.23 on Friday. The stock has a market capitalization of $173.38 million, a price-to-earnings ratio of 25.38 and a beta of 0.60. iShares S&P 500 BuyWrite ETF has a twelve month low of $42.50 and a twelve month high of $47.25. The company has a 50-day simple moving average of $44.35 and a 200 day simple moving average of $44.62.

iShares S&P 500 BuyWrite ETF Company Profile

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.