iShares S&P 500 BuyWrite ETF (BATS:IVVW) Shares Shorted: Short Interest Down 68.6% in September

iShares S&P 500 BuyWrite ETF (BATS:IVVW) was the target of a large decrease in short interest in September. As of September 30th, there was short interest totaling 12,219 shares, a decrease of 68.6% from the September 15th total of 38,897 shares. Based on an average daily volume of 37,736 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.3% of the company’s stock are short sold.

Institutional Investors Weigh In On iShares S&P 500 BuyWrite ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Bullseye Investment Management LLC acquired a new stake in shares of iShares S&P 500 BuyWrite ETF in the second quarter valued at about $119,000. Envestnet Asset Management Inc. lifted its position in shares of iShares S&P 500 BuyWrite ETF by 44.2% in the second quarter. Envestnet Asset Management Inc. now owns 57,493 shares of the company’s stock valued at $2,564,000 after buying an additional 17,629 shares during the last quarter. Assetmark Inc. lifted its holdings in iShares S&P 500 BuyWrite ETF by 3.1% during the 1st quarter. Assetmark Inc. now owns 92,341 shares of the company’s stock valued at $4,032,000 after purchasing an additional 2,761 shares during the last quarter. Finally, Cetera Investment Advisers lifted its stake in shares of iShares S&P 500 BuyWrite ETF by 35.1% during the 1st quarter. Cetera Investment Advisers now owns 116,679 shares of the company’s stock worth $5,094,000 after buying an additional 30,330 shares during the last quarter.

iShares S&P 500 BuyWrite ETF Stock Up 0.0%

Shares of BATS:IVVW opened at $45.04 on Wednesday. The company’s fifty day simple moving average is $45.28 and its 200 day simple moving average is $44.61. The firm has a market cap of $176.56 million, a price-to-earnings ratio of 25.38 and a beta of 0.60. iShares S&P 500 BuyWrite ETF has a 12 month low of $42.50 and a 12 month high of $47.25.

iShares S&P 500 BuyWrite ETF Company Profile

The iShares S&P 500 BuyWrite ETF (IVVW) is an exchange-traded fund that mostly invests in large cap equity. The fund is passively managed, aiming to participate in the price movement of US large-cap stocks, up to a certain cap, while also providing enhanced monthly income through a covered call option writing strategy. The fund-of-fund holds shares of the iShares Core S&P 500 ETF (IVV) while simultaneously writing one-month call options. IVVW was launched on Mar 14, 2024 and is issued by BlackRock.