iShares Core S&P 500 ETF (NYSEARCA:IVV – Get Free Report) was the target of a significant decline in short interest in June. As of June 15th, there was short interest totaling 6,087,926 shares, a decline of 40.8% from the May 31st total of 10,289,275 shares. Based on an average daily volume of 11,719,982 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.6% of the shares of the company are short sold.
Institutional Trading of iShares Core S&P 500 ETF
A number of institutional investors have recently made changes to their positions in IVV. Heck Capital Advisors LLC acquired a new position in iShares Core S&P 500 ETF during the fourth quarter worth about $331,591,000. Bison Wealth LLC lifted its holdings in iShares Core S&P 500 ETF by 24.0% in the 4th quarter. Bison Wealth LLC now owns 7,799 shares of the company’s stock valued at $4,591,000 after acquiring an additional 1,511 shares during the last quarter. Schnieders Capital Management LLC. boosted its position in shares of iShares Core S&P 500 ETF by 0.8% during the 2nd quarter. Schnieders Capital Management LLC. now owns 5,656 shares of the company’s stock valued at $3,512,000 after purchasing an additional 45 shares in the last quarter. First Trust Advisors LP boosted its position in shares of iShares Core S&P 500 ETF by 43.1% during the 2nd quarter. First Trust Advisors LP now owns 6,989 shares of the company’s stock valued at $4,340,000 after purchasing an additional 2,105 shares in the last quarter. Finally, Sei Investments Co. boosted its position in shares of iShares Core S&P 500 ETF by 1.2% during the 2nd quarter. Sei Investments Co. now owns 8,455 shares of the company’s stock valued at $5,250,000 after purchasing an additional 97 shares in the last quarter. 70.12% of the stock is owned by institutional investors and hedge funds.
iShares Core S&P 500 ETF Trading Down 0.1%
IVV stock traded down $0.67 during trading on Thursday, hitting $748.43. The company had a trading volume of 6,031,506 shares, compared to its average volume of 8,802,434. The firm has a market capitalization of $887.34 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The business has a 50 day moving average of $740.89 and a 200 day moving average of $703.77. iShares Core S&P 500 ETF has a fifty-two week low of $620.85 and a fifty-two week high of $764.00.
iShares Core S&P 500 ETF Company Profile
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.
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