Short Interest in iShares Large Cap Moderate Quarterly Laddered ETF (BATS:IVVM) Drops By 51.9%

iShares Large Cap Moderate Quarterly Laddered ETF (BATS:IVVM) saw a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 27,287 shares, a drop of 51.9% from the June 15th total of 56,760 shares. Based on an average daily volume of 28,571 shares, the days-to-cover ratio is currently 1.0 days. Currently, 1.0% of the shares of the company are short sold.

Hedge Funds Weigh In On iShares Large Cap Moderate Quarterly Laddered ETF

A hedge fund recently raised its stake in iShares Large Cap Moderate Quarterly Laddered ETF stock. Captrust Financial Advisors increased its position in iShares Large Cap Moderate Quarterly Laddered ETF (BATS:IVVM) by 6.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 349,413 shares of the company’s stock after acquiring an additional 22,247 shares during the period. Captrust Financial Advisors owned about 8.65% of iShares Large Cap Moderate Quarterly Laddered ETF worth $11,950,000 at the end of the most recent reporting period.

iShares Large Cap Moderate Quarterly Laddered ETF Trading Up 0.1%

BATS:IVVM opened at $37.27 on Thursday. iShares Large Cap Moderate Quarterly Laddered ETF has a 12 month low of $32.44 and a 12 month high of $37.63. The company has a market cap of $104.36 million, a PE ratio of 24.56 and a beta of 0.54. The company has a 50 day simple moving average of $36.80 and a two-hundred day simple moving average of $35.59.

About iShares Large Cap Moderate Quarterly Laddered ETF

The iShares Large Cap Moderate Buffer ETF (IVVM) 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 5% buffer against losses, over each calendar quarter. The actively managed fund holds a bundle of iShares Core S&P 500 ETF flex options. IVVM was launched on Jun 28, 2023 and is managed by BlackRock.