iShares Large Cap Deep Buffer ETF (NYSEARCA:IVVB) Stock Price Down 0.2% – What’s Next?

Shares of iShares Large Cap Deep Buffer ETF (NYSEARCA:IVVB) dropped 0.2% on Tuesday . The stock traded as low as $33.45 and last traded at $33.45. Approximately 3,096 shares traded hands during trading, a decline of 96% from the average daily volume of 69,110 shares. The stock had previously closed at $33.52.

iShares Large Cap Deep Buffer ETF Stock Down 0.2%

The stock has a market capitalization of $121.76 million, a P/E ratio of 24.72 and a beta of 0.70. The company has a fifty day simple moving average of $33.04 and a two-hundred day simple moving average of $32.04.

Hedge Funds Weigh In On iShares Large Cap Deep Buffer ETF

A hedge fund recently raised its stake in iShares Large Cap Deep Buffer ETF stock. Planned Solutions Inc. increased its holdings in shares of iShares Large Cap Deep Buffer ETF (NYSEARCA:IVVB) by 1.2% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 186,318 shares of the company’s stock after purchasing an additional 2,126 shares during the quarter. iShares Large Cap Deep Buffer ETF accounts for 2.2% of Planned Solutions Inc.’s holdings, making the stock its 13th biggest position. Planned Solutions Inc. owned approximately 2.49% of iShares Large Cap Deep Buffer ETF worth $5,778,000 as of its most recent SEC filing.

About iShares Large Cap Deep Buffer ETF

The iShares Large Cap Deep Buffer ETF (IVVB) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to participate in the price movement of US large-cap stocks, up to a cap, while applying a downside hedge against declines occurring in the range of 5-20%, during a calendar quarter.