iShares Core S&P 500 ETF (NYSEARCA:IVV) Sees Significant Drop in Short Interest

iShares Core S&P 500 ETF (NYSEARCA:IVV) was the target of a large drop in short interest in January. As of January 30th, there was short interest totaling 6,913,696 shares, a drop of 22.0% from the January 15th total of 8,864,866 shares. Currently, 0.6% of the shares of the stock are short sold. Based on an average daily volume of 8,329,964 shares, the days-to-cover ratio is presently 0.8 days. Based on an average daily volume of 8,329,964 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.6% of the shares of the stock are short sold.

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

Institutional investors have recently modified their holdings of the company. Decker Retirement Planning Inc. acquired a new position in shares of iShares Core S&P 500 ETF during the 4th quarter worth $29,000. GS Investments Inc. increased its holdings in iShares Core S&P 500 ETF by 83.3% during the 4th quarter. GS Investments Inc. now owns 44 shares of the company’s stock valued at $30,000 after acquiring an additional 20 shares in the last quarter. Palouse Capital Management Inc. purchased a new position in iShares Core S&P 500 ETF during the 4th quarter valued at about $38,000. Imprint Wealth LLC acquired a new position in iShares Core S&P 500 ETF during the third quarter worth about $39,000. Finally, Nvwm LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 210.5% in the second quarter. Nvwm LLC now owns 59 shares of the company’s stock valued at $37,000 after purchasing an additional 40 shares in the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Up 0.1%

Shares of NYSEARCA IVV traded up $0.43 during midday trading on Friday, hitting $684.76. The company had a trading volume of 5,508,651 shares, compared to its average volume of 7,961,946. The firm has a market capitalization of $752.69 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $700.97. The business has a 50-day simple moving average of $690.52 and a two-hundred day simple moving average of $673.18.

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.