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

iShares Large Cap Moderate Quarterly Laddered ETF (BATS:IVVM) saw a significant growth in short interest in April. As of April 30th, there was short interest totaling 14,157 shares, a growth of 360.7% from the April 15th total of 3,073 shares. Based on an average trading volume of 24,337 shares, the short-interest ratio is presently 0.6 days. Approximately 0.5% of the shares of the stock 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 grew its position in shares of iShares Large Cap Moderate Quarterly Laddered ETF (BATS:IVVM) by 198.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. 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 about 10.10% of iShares Large Cap Moderate Quarterly Laddered ETF worth $10,590,000 as of its most recent SEC filing.

iShares Large Cap Moderate Quarterly Laddered ETF Stock Performance

Shares of BATS:IVVM opened at $36.52 on Wednesday. The firm has a fifty day moving average of $35.01 and a 200 day moving average of $34.90. iShares Large Cap Moderate Quarterly Laddered ETF has a 52-week low of $31.33 and a 52-week high of $36.75. The firm has a market capitalization of $102.26 million, a PE ratio of 24.56 and a beta of 0.54.

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.