iShares Large Cap Max Buffer Jun ETF (BATS:MAXJ) Sees Significant Decrease in Short Interest

iShares Large Cap Max Buffer Jun ETF (BATS:MAXJ) was the target of a significant decline in short interest during the month of October. As of October 30th, there was short interest totaling 14,674 shares, a decline of 69.8% from the October 15th total of 48,573 shares. Based on an average daily volume of 11,793 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.3% of the shares of the stock are sold short.

iShares Large Cap Max Buffer Jun ETF Price Performance

MAXJ stock opened at $29.55 on Friday. iShares Large Cap Max Buffer Jun ETF has a one year low of $27.96 and a one year high of $29.79. The stock has a market cap of $163.12 million, a PE ratio of 22.95 and a beta of 0.30. The firm has a 50 day simple moving average of $29.52 and a two-hundred day simple moving average of $28.99.

Institutional Trading of iShares Large Cap Max Buffer Jun ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. HighTower Advisors LLC purchased a new stake in iShares Large Cap Max Buffer Jun ETF during the third quarter valued at about $1,855,000. Harbour Investments Inc. lifted its stake in iShares Large Cap Max Buffer Jun ETF by 163.6% during the third quarter. Harbour Investments Inc. now owns 28,292 shares of the company’s stock worth $834,000 after purchasing an additional 17,558 shares during the last quarter. Kestra Investment Management LLC bought a new stake in iShares Large Cap Max Buffer Jun ETF during the third quarter worth about $680,000. Kestra Advisory Services LLC boosted its holdings in shares of iShares Large Cap Max Buffer Jun ETF by 326.6% in the 3rd quarter. Kestra Advisory Services LLC now owns 129,902 shares of the company’s stock worth $3,829,000 after purchasing an additional 99,451 shares in the last quarter. Finally, Commonwealth Equity Services LLC purchased a new position in shares of iShares Large Cap Max Buffer Jun ETF in the 3rd quarter worth about $1,830,000.

About iShares Large Cap Max Buffer Jun ETF

The iShares Large Cap Max Buffer Jun ETF (MAXJ) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to track the price return of the iShares Core S&P 500 ETF (IVV) up to a cap, with 100% downside hedge over a one-year outcome period. The actively managed fund obtains exposure by holding IVV shares and options. MAXJ was launched on Jun 28, 2024 and is issued by BlackRock.