iShares Large Cap Moderate Quarterly Laddered ETF (BATS:IVVM) Trading Down 1.3% – What’s Next?

Shares of iShares Large Cap Moderate Quarterly Laddered ETF (BATS:IVVM) traded down 1.3% during trading on Thursday . The company traded as low as $34.63 and last traded at $34.63. 11,616 shares traded hands during 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 $98.01 million, a P/E ratio of 24.56 and a beta of 0.54. The stock has a fifty day moving average price of $34.82 and a 200 day moving average price of $34.08.

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.