Creative Planning Invests $563,000 in iShares Large Cap Max Buffer Dec ETF $DMAX

Creative Planning bought a new stake in iShares Large Cap Max Buffer Dec ETF (NYSEARCA:DMAX) during the second quarter, HoldingsChannel reports. The firm bought 21,814 shares of the company’s stock, valued at approximately $563,000.

A number of other hedge funds have also bought and sold shares of DMAX. Stuart Chaussee & Associates Inc. bought a new stake in iShares Large Cap Max Buffer Dec ETF in the first quarter valued at about $374,000. Kestra Investment Management LLC acquired a new position in shares of iShares Large Cap Max Buffer Dec ETF in the 1st quarter worth approximately $392,000. Jane Street Group LLC acquired a new position in shares of iShares Large Cap Max Buffer Dec ETF in the 1st quarter worth approximately $559,000. OLD Mission Capital LLC bought a new stake in shares of iShares Large Cap Max Buffer Dec ETF in the 1st quarter valued at approximately $637,000. Finally, Elwood & Goetz Wealth Advisory Group LLC acquired a new stake in shares of iShares Large Cap Max Buffer Dec ETF during the 2nd quarter valued at approximately $689,000.

iShares Large Cap Max Buffer Dec ETF Stock Performance

Shares of DMAX opened at $26.81 on Friday. The business’s fifty day moving average price is $26.57 and its 200 day moving average price is $26.14. iShares Large Cap Max Buffer Dec ETF has a 12-month low of $24.37 and a 12-month high of $26.85.

iShares Large Cap Max Buffer Dec ETF Company Profile

The iShares Large Cap Max Buffer Dec ETF (DMAX) 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.