iShares Large Cap Max Buffer Jun ETF (BATS:MAXJ) Sees Significant Decrease in Short Interest

iShares Large Cap Max Buffer Jun ETF (BATS:MAXJ) was the target of a significant decrease in short interest in October. As of October 30th, there was short interest totaling 14,674 shares, a decrease of 69.8% from the October 15th total of 48,573 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 11,793 shares, the days-to-cover ratio is currently 1.2 days.

iShares Large Cap Max Buffer Jun ETF Price Performance

Shares of BATS MAXJ opened at $29.55 on Friday. iShares Large Cap Max Buffer Jun ETF has a one year low of $27.96 and a one year high of $29.79. The firm’s 50 day simple moving average is $29.52 and its two-hundred day simple moving average is $28.99. The stock has a market capitalization of $163.12 million, a P/E ratio of 22.95 and a beta of 0.30.

Institutional Investors Weigh In On iShares Large Cap Max Buffer Jun ETF

Institutional investors have recently made changes to their positions in the business. Envestnet Asset Management Inc. grew its holdings in shares of iShares Large Cap Max Buffer Jun ETF by 8.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 20,429 shares of the company’s stock valued at $595,000 after purchasing an additional 1,597 shares during the last quarter. Grantvest Financial Group LLC raised its position in iShares Large Cap Max Buffer Jun ETF by 6.7% in the 3rd quarter. Grantvest Financial Group LLC now owns 27,952 shares of the company’s stock worth $824,000 after purchasing an additional 1,751 shares during the period. Diversify Advisory Services LLC raised its position in iShares Large Cap Max Buffer Jun ETF by 3.2% in the 3rd quarter. Diversify Advisory Services LLC now owns 61,581 shares of the company’s stock worth $1,822,000 after purchasing an additional 1,928 shares during the period. Farther Finance Advisors LLC raised its position in iShares Large Cap Max Buffer Jun ETF by 84.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 5,384 shares of the company’s stock worth $159,000 after purchasing an additional 2,470 shares during the period. Finally, Cetera Investment Advisers raised its position in iShares Large Cap Max Buffer Jun ETF by 27.4% in the 1st quarter. Cetera Investment Advisers now owns 24,853 shares of the company’s stock worth $700,000 after purchasing an additional 5,346 shares during the period.

iShares Large Cap Max Buffer Jun ETF Company Profile

The iShares Large Cap Max Buffer Jun ETF (MAXJ) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to track the price return of the iShares Core S&P 500 ETF (IVV) up to a cap, with 100% downside hedge over a one-year outcome period. The actively managed fund obtains exposure by holding IVV shares and options. MAXJ was launched on Jun 28, 2024 and is issued by BlackRock.