iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) Sees Large Growth in Short Interest
by Teresa Graham · The Cerbat GemiShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB – Get Free Report) was the recipient of a large growth in short interest in May. As of May 29th, there was short interest totaling 54,348 shares, a growth of 107.8% from the May 14th total of 26,151 shares. Based on an average daily trading volume, of 44,694 shares, the short-interest ratio is currently 1.2 days. Currently, 0.6% of the shares of the stock are sold short.
iShares Large Cap Deep Quarterly Laddered ETF Price Performance
BATS IVVB traded up $0.22 on Monday, hitting $34.61. The company had a trading volume of 2,836 shares, compared to its average volume of 22,818. The company has a market capitalization of $297.65 million, a PE ratio of 24.72 and a beta of 0.72. The company’s fifty day moving average price is $33.88 and its 200-day moving average price is $33.42. iShares Large Cap Deep Quarterly Laddered ETF has a 12-month low of $30.55 and a 12-month high of $36.92.
Institutional Trading of iShares Large Cap Deep Quarterly Laddered ETF
An institutional investor recently raised its position in iShares Large Cap Deep Quarterly Laddered ETF stock. Captrust Financial Advisors boosted its position in shares of iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB – Free Report) by 9.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 412,398 shares of the company’s stock after buying 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 Company Profile
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.