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

iShares Core S&P 500 ETF (NYSEARCA:IVV) was the recipient of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 6,087,926 shares, a decrease of 40.8% from the May 31st total of 10,289,275 shares. Approximately 0.6% of the company’s shares are sold short. Based on an average trading volume of 11,719,982 shares, the short-interest ratio is presently 0.5 days.

iShares Core S&P 500 ETF Stock Up 0.0%

Shares of iShares Core S&P 500 ETF stock traded up $0.21 during trading on Wednesday, reaching $749.10. 6,320,280 shares of the stock were exchanged, compared to its average volume of 8,824,649. The firm has a market cap of $888.13 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1 year low of $619.58 and a 1 year high of $764.00. The stock’s fifty day moving average is $740.15 and its 200 day moving average is $703.37.

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

A number of large investors have recently made changes to their positions in IVV. Keenan LLC purchased a new stake in iShares Core S&P 500 ETF in the fourth quarter worth $26,000. Punch & Associates Investment Management Inc. increased its position in iShares Core S&P 500 ETF by 50.0% during the 1st quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the company’s stock valued at $27,000 after purchasing an additional 14 shares during the period. Decker Retirement Planning Inc. purchased a new position in iShares Core S&P 500 ETF during the 4th quarter valued at $29,000. GS Investments Inc. raised its holdings in iShares Core S&P 500 ETF by 83.3% in the 4th quarter. GS Investments Inc. now owns 44 shares of the company’s stock worth $30,000 after purchasing an additional 20 shares in the last quarter. Finally, Palouse Capital Management Inc. bought a new position in iShares Core S&P 500 ETF in the 4th quarter worth $38,000. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Company Profile

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.