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 significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 73,014 shares, a decrease of 39.9% from the July 30th total of 121,494 shares. Based on an average daily volume of 12,168 shares, the days-to-cover ratio is currently 6.0 days. Approximately 0.8% of the company’s shares are sold short.

iShares Large Cap Deep Quarterly Laddered ETF Trading Down 0.6%

Shares of IVVB opened at $35.21 on Wednesday. The company’s 50-day moving average price is $34.95 and its 200 day moving average price is $34.02. iShares Large Cap Deep Quarterly Laddered ETF has a 12-month low of $31.67 and a 12-month high of $36.92. The firm has a market cap of $302.81 million, a P/E ratio of 24.72 and a beta of 0.72.

Institutional Inflows and Outflows

An institutional investor recently raised its position in iShares Large Cap Deep Quarterly Laddered ETF stock. Captrust Financial Advisors increased its stake in iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) by 14.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 378,347 shares of the company’s stock after acquiring an additional 47,416 shares during the period. Captrust Financial Advisors owned approximately 5.06% of iShares Large Cap Deep Quarterly Laddered ETF worth $11,733,000 at the end of the most recent reporting period.

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.