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

iShares S&P 500 BuyWrite ETF (BATS:IVVW) was the target of a large 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. Based on an average trading volume of 36,456 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.8% of the shares of the stock are short sold.

Hedge Funds Weigh In On iShares S&P 500 BuyWrite ETF

Hedge funds have recently bought and sold shares of the business. Cetera Investment Advisers grew its holdings in iShares S&P 500 BuyWrite ETF by 35.1% in the first quarter. Cetera Investment Advisers now owns 116,679 shares of the company’s stock valued at $5,094,000 after purchasing an additional 30,330 shares during the period. Assetmark Inc. raised its stake in shares of iShares S&P 500 BuyWrite ETF by 3.1% during the 1st quarter. Assetmark Inc. now owns 92,341 shares of the company’s stock worth $4,032,000 after buying an additional 2,761 shares during the period. OLD Mission Capital LLC raised its stake in shares of iShares S&P 500 BuyWrite ETF by 113.2% during the 4th quarter. OLD Mission Capital LLC now owns 20,065 shares of the company’s stock worth $914,000 after buying an additional 10,653 shares during the period. Osaic Holdings Inc. lifted its position in shares of iShares S&P 500 BuyWrite ETF by 4.9% during the 4th quarter. Osaic Holdings Inc. now owns 109,436 shares of the company’s stock valued at $4,984,000 after buying an additional 5,132 shares in the last quarter. Finally, Jane Street Group LLC purchased a new position in shares of iShares S&P 500 BuyWrite ETF during the 4th quarter valued at approximately $442,000.

iShares S&P 500 BuyWrite ETF Stock Down 0.1%

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

iShares S&P 500 BuyWrite ETF Company Profile

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.