iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) Short Interest Up 193.1% in June

iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) was the target of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 118,922 shares, a growth of 193.1% from the June 15th total of 40,574 shares. Based on an average daily trading volume, of 22,118 shares, the short-interest ratio is presently 5.4 days. Approximately 1.4% of the company’s shares are short sold.

Institutional Inflows and Outflows

A hedge fund recently raised its position in iShares Large Cap Deep Quarterly Laddered ETF stock. Captrust Financial Advisors lifted its position in iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) by 14.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 378,347 shares of the company’s stock after purchasing an additional 47,416 shares during the quarter. Captrust Financial Advisors owned about 5.06% of iShares Large Cap Deep Quarterly Laddered ETF worth $11,733,000 as of its most recent SEC filing.

iShares Large Cap Deep Quarterly Laddered ETF Stock Performance

Shares of BATS IVVB opened at $34.82 on Wednesday. The firm has a market capitalization of $299.45 million, a price-to-earnings ratio of 24.72 and a beta of 0.72. The stock has a 50 day moving average price of $34.47 and a 200 day moving average price of $33.60. iShares Large Cap Deep Quarterly Laddered ETF has a 52-week low of $31.12 and a 52-week high of $36.92.

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.