Short Interest in iShares Large Cap Moderate Quarterly Laddered ETF (BATS:IVVM) Expands By 121.8%

iShares Large Cap Moderate Quarterly Laddered ETF (BATS:IVVM) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 60,516 shares, a growth of 121.8% from the June 30th total of 27,287 shares. Currently, 2.2% of the company’s shares are sold short. Based on an average daily volume of 12,837 shares, the days-to-cover ratio is currently 4.7 days.

Institutional Investors Weigh In On iShares Large Cap Moderate Quarterly Laddered ETF

An institutional investor recently raised its stake in iShares Large Cap Moderate Quarterly Laddered ETF stock. Captrust Financial Advisors lifted its stake in shares of iShares Large Cap Moderate Quarterly Laddered ETF (BATS:IVVM) by 6.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 349,413 shares of the company’s stock after acquiring an additional 22,247 shares during the quarter. Captrust Financial Advisors owned approximately 8.65% of iShares Large Cap Moderate Quarterly Laddered ETF worth $11,950,000 at the end of the most recent reporting period.

iShares Large Cap Moderate Quarterly Laddered ETF Trading Up 0.2%

BATS IVVM opened at $36.91 on Wednesday. The stock has a market cap of $103.35 million, a PE ratio of 24.56 and a beta of 0.54. iShares Large Cap Moderate Quarterly Laddered ETF has a 12 month low of $32.57 and a 12 month high of $37.63. The company’s 50-day moving average price is $36.87 and its 200-day moving average price is $35.72.

iShares Large Cap Moderate Quarterly Laddered ETF Company Profile

The iShares Large Cap Moderate Buffer ETF (IVVM) 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 5% buffer against losses, over each calendar quarter. The actively managed fund holds a bundle of iShares Core S&P 500 ETF flex options. IVVM was launched on Jun 28, 2023 and is managed by BlackRock.