Short Interest in iShares ESG Select Screened S&P 500 ETF (BATS:XVV) Drops By 77.6%

iShares ESG Select Screened S&P 500 ETF (BATS:XVV) was the target of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 14,219 shares, a drop of 77.6% from the June 15th total of 63,354 shares. Based on an average daily trading volume, of 15,932 shares, the short-interest ratio is currently 0.9 days. Approximately 0.2% of the shares of the company are short sold.

iShares ESG Select Screened S&P 500 ETF Price Performance

XVV stock opened at $57.59 on Monday. iShares ESG Select Screened S&P 500 ETF has a twelve month low of $47.59 and a twelve month high of $58.11. The company has a market cap of $503.91 million, a PE ratio of 25.63 and a beta of 1.04. The business’s 50-day simple moving average is $56.65 and its 200 day simple moving average is $53.77.

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

Hedge funds have recently modified their holdings of the company. Federation des caisses Desjardins du Quebec bought a new stake in shares of iShares ESG Select Screened S&P 500 ETF during the fourth quarter valued at approximately $34,000. Smithfield Trust Co lifted its position in iShares ESG Select Screened S&P 500 ETF by 50.8% in the fourth quarter. Smithfield Trust Co now owns 790 shares of the company’s stock worth $42,000 after purchasing an additional 266 shares during the period. Abound Wealth Management bought a new position in iShares ESG Select Screened S&P 500 ETF in the second quarter worth $96,000. Western Wealth Management LLC bought a new position in iShares ESG Select Screened S&P 500 ETF in the first quarter worth $131,000. Finally, Smartleaf Asset Management LLC boosted its stake in iShares ESG Select Screened S&P 500 ETF by 10,545.7% during the second quarter. Smartleaf Asset Management LLC now owns 3,726 shares of the company’s stock worth $177,000 after buying an additional 3,691 shares in the last quarter.

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.