iShares Large Cap Moderate Quarterly Laddered ETF (BATS:IVVM) Trading Down 0.3% – Should You Sell?

iShares Large Cap Moderate Quarterly Laddered ETF (BATS:IVVM)’s stock price fell 0.3% during trading on Monday . The stock traded as low as $34.94 and last traded at $34.98. 6,248 shares changed hands during mid-day trading, The stock had previously closed at $35.10.

iShares Large Cap Moderate Quarterly Laddered ETF Price Performance

The stock has a market capitalization of $97.94 million, a price-to-earnings ratio of 24.56 and a beta of 0.54. The company’s 50-day simple moving average is $34.68 and its 200-day simple moving average is $33.76.

iShares Large Cap Moderate Quarterly Laddered ETF Company Profile

The iShares Large Cap Moderate Buffer ETF (IVVM) 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 5% buffer against losses, over each calendar quarter. The actively managed fund holds a bundle of iShares Core S&P 500 ETF flex options. IVVM was launched on Jun 28, 2023 and is managed by BlackRock.