iShares Core S&P 500 ETF (NYSEARCA:IVV) Short Interest Update

iShares Core S&P 500 ETF (NYSEARCA:IVV) saw a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 14,699,401 shares, a growth of 90.8% from the April 15th total of 7,702,235 shares. Approximately 1.3% of the company’s stock are short sold. Based on an average daily volume of 4,697,279 shares, the short-interest ratio is currently 3.1 days.

iShares Core S&P 500 ETF Stock Down 0.3%

Shares of IVV traded down $1.92 during mid-day trading on Tuesday, reaching $739.99. 2,300,694 shares of the stock traded hands, compared to its average volume of 7,970,573. The firm has a market cap of $817.13 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The stock has a fifty day simple moving average of $692.20 and a 200 day simple moving average of $688.66. iShares Core S&P 500 ETF has a 12-month low of $578.31 and a 12-month high of $753.02.

Institutional Trading of iShares Core S&P 500 ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Punch & Associates Investment Management Inc. increased its stake in iShares Core S&P 500 ETF by 50.0% in the 1st quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the company’s stock valued at $27,000 after buying an additional 14 shares during the period. Balanced Wealth Group LLC increased its stake in iShares Core S&P 500 ETF by 0.8% in the 3rd quarter. Balanced Wealth Group LLC now owns 1,927 shares of the company’s stock valued at $1,196,000 after buying an additional 15 shares during the period. Nicollet Investment Management Inc. increased its stake in iShares Core S&P 500 ETF by 1.0% in the 3rd quarter. Nicollet Investment Management Inc. now owns 1,480 shares of the company’s stock valued at $991,000 after buying an additional 15 shares during the period. Anchor Investment Management LLC increased its stake in iShares Core S&P 500 ETF by 3.1% in the 3rd quarter. Anchor Investment Management LLC now owns 503 shares of the company’s stock valued at $337,000 after buying an additional 15 shares during the period. Finally, Wealth Effects LLC increased its stake in iShares Core S&P 500 ETF by 0.4% in the 4th quarter. Wealth Effects LLC now owns 4,276 shares of the company’s stock valued at $2,929,000 after buying an additional 15 shares during the period. Institutional investors own 70.12% of the company’s stock.

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.