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

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

iShares Large Cap Deep Quarterly Laddered ETF Price Performance

iShares Large Cap Deep Quarterly Laddered ETF stock opened at $34.86 on Monday. The stock’s fifty day moving average is $34.43 and its two-hundred day moving average is $33.58. The stock has a market cap of $299.80 million, a PE ratio of 24.72 and a beta of 0.72. iShares Large Cap Deep Quarterly Laddered ETF has a 1-year low of $31.12 and a 1-year high of $36.92.

Institutional Inflows and Outflows

A hedge fund recently raised its position in iShares Large Cap Deep Quarterly Laddered ETF stock. Captrust Financial Advisors increased its stake in shares of 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 and Exchange Commission (SEC). The firm owned 378,347 shares of the company’s stock after purchasing an additional 47,416 shares during the quarter. Captrust Financial Advisors owned 5.06% of iShares Large Cap Deep Quarterly Laddered ETF worth $11,733,000 as of its most recent SEC filing.

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.