iShares S&P 500 BuyWrite ETF (BATS:IVVW) Short Interest Update

iShares S&P 500 BuyWrite ETF (BATS:IVVW) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 30,449 shares, an increase of 264.7% from the July 15th total of 8,349 shares. Currently, 0.8% of the shares of the stock are sold short. Based on an average daily volume of 36,456 shares, the short-interest ratio is presently 0.8 days.

iShares S&P 500 BuyWrite ETF Stock Down 0.1%

Shares of BATS IVVW opened at $45.16 on Thursday. The firm has a market cap of $177.03 million, a price-to-earnings ratio of 25.38 and a beta of 0.60. The company’s 50-day simple moving average is $44.41 and its 200-day simple moving average is $44.53. iShares S&P 500 BuyWrite ETF has a 52-week low of $42.50 and a 52-week high of $47.25.

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

Institutional investors have recently bought and sold shares of the company. Jane Street Group LLC purchased a new stake in iShares S&P 500 BuyWrite ETF during the 4th quarter worth approximately $442,000. Osaic Holdings Inc. lifted its position in shares of iShares S&P 500 BuyWrite ETF by 596.2% in the second quarter. Osaic Holdings Inc. now owns 11,327 shares of the company’s stock valued at $526,000 after acquiring an additional 9,700 shares in the last quarter. Susquehanna International Group LLP lifted its position in shares of iShares S&P 500 BuyWrite ETF by 40.4% in the third quarter. Susquehanna International Group LLP now owns 17,108 shares of the company’s stock valued at $797,000 after acquiring an additional 4,926 shares in the last quarter. OLD Mission Capital LLC lifted its position in shares of iShares S&P 500 BuyWrite ETF by 113.2% in the fourth quarter. OLD Mission Capital LLC now owns 20,065 shares of the company’s stock valued at $914,000 after acquiring an additional 10,653 shares in the last quarter. Finally, Retirement Planning Group LLC boosted its stake in shares of iShares S&P 500 BuyWrite ETF by 10.0% in the fourth quarter. Retirement Planning Group LLC now owns 41,434 shares of the company’s stock worth $1,886,000 after acquiring an additional 3,778 shares during the last quarter.

About iShares S&P 500 BuyWrite ETF

The iShares S&P 500 BuyWrite ETF (IVVW) is an exchange-traded fund that mostly invests in large cap equity. The fund is passively managed, aiming to participate in the price movement of US large-cap stocks, up to a certain cap, while also providing enhanced monthly income through a covered call option writing strategy. The fund-of-fund holds shares of the iShares Core S&P 500 ETF (IVV) while simultaneously writing one-month call options. IVVW was launched on Mar 14, 2024 and is issued by BlackRock.