iShares Core S&P 500 ETF (NYSEARCA:IVV) Shares Shorted: Short Interest Down 39.7% in September

iShares Core S&P 500 ETF (NYSEARCA:IVV) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 4,949,478 shares, a decrease of 39.7% from the August 31st total of 8,208,089 shares. Based on an average daily volume of 10,269,011 shares, the short-interest ratio is currently 0.5 days. Approximately 0.5% of the shares of the company are short sold.

iShares Core S&P 500 ETF Trading Up 0.3%

IVV opened at $769.79 on Wednesday. The stock’s 50 day simple moving average is $766.33 and its 200-day simple moving average is $737.02. iShares Core S&P 500 ETF has a 1 year low of $632.14 and a 1 year high of $783.09. The stock has a market cap of $877.21 billion, a PE ratio of 25.10 and a beta of 1.00.

Institutional Trading of iShares Core S&P 500 ETF

Several large investors have recently added to or reduced their stakes in IVV. Envestnet Asset Management Inc. increased its holdings in shares of iShares Core S&P 500 ETF by 25.6% in the second quarter. Envestnet Asset Management Inc. now owns 41,391,871 shares of the ETF’s stock valued at $30,997,946,000 after purchasing an additional 8,432,228 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in iShares Core S&P 500 ETF by 1.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 35,018,846 shares of the ETF’s stock worth $26,225,264,000 after purchasing an additional 421,146 shares during the period. Corient Private Wealth LLC raised its holdings in iShares Core S&P 500 ETF by 400.8% during the 4th quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the ETF’s stock worth $11,935,288,000 after purchasing an additional 13,946,081 shares during the last quarter. Millennium Management LLC grew its position in shares of iShares Core S&P 500 ETF by 93.3% during the 4th quarter. Millennium Management LLC now owns 14,494,278 shares of the ETF’s stock worth $9,927,711,000 after buying an additional 6,995,145 shares during the period. Finally, Bank of New York Mellon Corp lifted its holdings in iShares Core S&P 500 ETF by 0.3% in the fourth quarter. Bank of New York Mellon Corp now owns 13,475,084 shares of the ETF’s stock valued at $9,229,625,000 after buying an additional 34,574 shares during the period. 70.12% of the stock is owned by institutional investors.

About iShares Core S&P 500 ETF

iShares Core S&P 500 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Standard & Poor’s 500 Index (the Index). The Index measures the performance of the large-capitalization sector of the United States equity market. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.