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

iShares Core S&P 500 ETF (NYSEARCA:IVV) saw a large drop in short interest in the month of 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. Based on an average trading volume of 8,329,964 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.6% of the shares of the company are short sold. Currently, 0.6% of the shares of the company are short sold. Based on an average trading volume of 8,329,964 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Trading of iShares Core S&P 500 ETF

Several hedge funds have recently made changes to their positions in the company. Decker Retirement Planning Inc. purchased a new position in shares of iShares Core S&P 500 ETF during the 4th quarter worth approximately $29,000. GS Investments Inc. grew its holdings in iShares Core S&P 500 ETF by 83.3% during the fourth quarter. GS Investments Inc. now owns 44 shares of the company’s stock worth $30,000 after acquiring an additional 20 shares during the period. Nvwm LLC raised its position in iShares Core S&P 500 ETF by 210.5% in the second quarter. Nvwm LLC now owns 59 shares of the company’s stock worth $37,000 after acquiring an additional 40 shares in the last quarter. Palouse Capital Management Inc. purchased a new position in iShares Core S&P 500 ETF in the fourth quarter worth $38,000. Finally, Imprint Wealth LLC acquired a new stake in iShares Core S&P 500 ETF in the third quarter valued at $39,000. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Up 0.1%

Shares of iShares Core S&P 500 ETF stock traded up $0.43 during trading hours on Friday, hitting $684.76. 5,508,651 shares of the company were exchanged, compared to its average volume of 7,961,946. iShares Core S&P 500 ETF has a 1 year low of $484.00 and a 1 year high of $700.97. The business has a 50-day moving average of $690.52 and a 200-day moving average of $673.18. The stock has a market capitalization of $752.69 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

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.