iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) Short Interest Update

iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) was the recipient of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 73,014 shares, a drop of 39.9% from the July 30th total of 121,494 shares. Currently, 0.8% of the company’s stock are sold short. Based on an average daily trading volume, of 12,168 shares, the short-interest ratio is currently 6.0 days.

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

A hedge fund recently raised its stake in iShares Large Cap Deep Quarterly Laddered ETF stock. Captrust Financial Advisors boosted its position in shares of iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) by 9.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 412,398 shares of the company’s stock after purchasing an additional 34,051 shares during the period. Captrust Financial Advisors owned about 11.33% of iShares Large Cap Deep Quarterly Laddered ETF worth $13,494,000 at the end of the most recent reporting period.

iShares Large Cap Deep Quarterly Laddered ETF Stock Performance

Shares of IVVB opened at $35.41 on Tuesday. The firm has a market cap of $304.53 million, a P/E ratio of 24.72 and a beta of 0.72. iShares Large Cap Deep Quarterly Laddered ETF has a twelve month low of $31.67 and a twelve month high of $36.92. The firm’s 50 day moving average price is $34.93 and its two-hundred day moving average price is $34.01.

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.