Short Interest in iShares ESG Select Screened S&P 500 ETF (BATS:XVV) Increases By 222.8%

iShares ESG Select Screened S&P 500 ETF (BATS:XVV) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 47,213 shares, an increase of 222.8% from the July 15th total of 14,628 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average trading volume of 15,700 shares, the short-interest ratio is presently 3.0 days.

Institutional Trading of iShares ESG Select Screened S&P 500 ETF

Several large investors have recently added to or reduced their stakes in the company. University of Cambridge Investment Management Ltd purchased a new stake in shares of iShares ESG Select Screened S&P 500 ETF in the fourth quarter valued at $192,033,000. Keybank National Association OH acquired a new position in iShares ESG Select Screened S&P 500 ETF during the first quarter valued at $7,851,000. DRW Securities LLC acquired a new position in iShares ESG Select Screened S&P 500 ETF during the fourth quarter valued at $4,403,000. Bank of New York Mellon Corp acquired a new position in iShares ESG Select Screened S&P 500 ETF during the first quarter valued at $3,603,000. Finally, EP Wealth Advisors LLC purchased a new stake in iShares ESG Select Screened S&P 500 ETF in the 4th quarter worth about $3,776,000.

iShares ESG Select Screened S&P 500 ETF Price Performance

XVV stock opened at $59.59 on Friday. The firm has a market capitalization of $521.41 million, a P/E ratio of 25.63 and a beta of 1.04. iShares ESG Select Screened S&P 500 ETF has a 52-week low of $47.59 and a 52-week high of $59.74. The company’s 50 day simple moving average is $57.09 and its 200-day simple moving average is $54.54.

About iShares ESG Select Screened S&P 500 ETF

The iShares ESG Screened S&P 500 ETF (XVV) is an exchange-traded fund that is based on the S&P 500 Sustainability Screened index. The fund tracks a market-cap weighted index of US large-caps caps screened for sustainability and excluding those with exposure to certain controversial business activities. XVV was launched on Sep 22, 2020 and is managed by BlackRock.