iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) Sees Large Growth in Short Interest

iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 54,348 shares, an increase of 107.8% from the May 14th total of 26,151 shares. Based on an average trading volume of 44,694 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.6% of the company’s stock are sold short.

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 lifted its stake in shares of iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) by 9.0% during the third quarter, according to the company in its most recent filing with the Securities & 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 11.33% of iShares Large Cap Deep Quarterly Laddered ETF worth $13,494,000 at the end of the most recent quarter.

iShares Large Cap Deep Quarterly Laddered ETF Price Performance

BATS:IVVB traded up $0.09 during trading hours on Friday, reaching $34.39. 25,413 shares of the stock were exchanged, compared to its average volume of 23,002. iShares Large Cap Deep Quarterly Laddered ETF has a twelve month low of $30.55 and a twelve month high of $36.92. The firm has a 50 day moving average of $33.88 and a 200 day moving average of $33.42. The stock has a market cap of $295.75 million, a PE ratio of 24.72 and a beta of 0.72.

About iShares Large Cap Deep Quarterly Laddered ETF

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.