iShares Large Cap Moderate Quarterly Laddered ETF (BATS:IVVM) Sees Significant Drop in Short Interest

iShares Large Cap Moderate Quarterly Laddered ETF (BATS:IVVM) saw a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 27,287 shares, a decrease of 51.9% from the June 15th total of 56,760 shares. Approximately 1.0% of the shares of the company are sold short. Based on an average trading volume of 28,571 shares, the days-to-cover ratio is presently 1.0 days.

iShares Large Cap Moderate Quarterly Laddered ETF Stock Performance

IVVM stock opened at $37.11 on Tuesday. iShares Large Cap Moderate Quarterly Laddered ETF has a fifty-two week low of $32.44 and a fifty-two week high of $37.63. The business’s 50-day moving average is $36.76 and its two-hundred day moving average is $35.56. The company has a market cap of $103.91 million, a price-to-earnings ratio of 24.56 and a beta of 0.54.

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

A hedge fund recently raised its stake in iShares Large Cap Moderate Quarterly Laddered ETF stock. Captrust Financial Advisors lifted its holdings in iShares Large Cap Moderate Quarterly Laddered ETF (BATS:IVVM) by 198.9% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 327,166 shares of the company’s stock after purchasing an additional 217,708 shares during the period. Captrust Financial Advisors owned about 10.10% of iShares Large Cap Moderate Quarterly Laddered ETF worth $10,590,000 at the end of the most recent reporting period.

About iShares Large Cap Moderate Quarterly Laddered ETF

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.