iShares Large Cap Moderate Quarterly Laddered ETF (BATS:IVVM) Sees Significant Increase in Short Interest

iShares Large Cap Moderate Quarterly Laddered ETF (BATS:IVVM) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 60,516 shares, a growth of 121.8% from the June 30th total of 27,287 shares. Currently, 2.2% of the shares of the company are sold short. Based on an average daily volume of 12,837 shares, the days-to-cover ratio is currently 4.7 days.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in iShares Large Cap Moderate Quarterly Laddered ETF stock. Captrust Financial Advisors boosted its position in shares of iShares Large Cap Moderate Quarterly Laddered ETF (BATS:IVVM) by 198.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 327,166 shares of the company’s stock after acquiring an additional 217,708 shares during the period. Captrust Financial Advisors owned 10.10% of iShares Large Cap Moderate Quarterly Laddered ETF worth $10,590,000 at the end of the most recent quarter.

iShares Large Cap Moderate Quarterly Laddered ETF Stock Down 0.9%

Shares of IVVM stock opened at $36.57 on Thursday. iShares Large Cap Moderate Quarterly Laddered ETF has a 12 month low of $32.57 and a 12 month high of $37.63. The company has a market cap of $102.40 million, a PE ratio of 24.56 and a beta of 0.54. The business’s 50 day moving average is $36.87 and its two-hundred day moving average is $35.73.

iShares Large Cap Moderate Quarterly Laddered ETF Company Profile

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.