iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) Sees Significant Growth in Short Interest

iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) was the recipient of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 26,151 shares, a growth of 487.3% from the April 30th total of 4,453 shares. Based on an average daily volume of 17,830 shares, the short-interest ratio is presently 1.5 days. Approximately 0.3% of the shares of the stock are sold short.

iShares Large Cap Deep Quarterly Laddered ETF Stock Up 0.1%

Shares of BATS IVVB opened at $34.52 on Thursday. iShares Large Cap Deep Quarterly Laddered ETF has a 52 week low of $30.12 and a 52 week high of $34.55. The firm has a 50-day moving average price of $33.35 and a 200 day moving average price of $33.30. The stock has a market capitalization of $296.87 million, a price-to-earnings ratio of 24.72 and a beta of 0.72.

Institutional Trading of iShares Large Cap Deep Quarterly Laddered ETF

A hedge fund recently raised its stake in iShares Large Cap Deep Quarterly Laddered ETF stock. Captrust Financial Advisors lifted its stake in iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) by 14.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 378,347 shares of the company’s stock after purchasing 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 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.