iShares Large Cap Moderate Buffer ETF (NYSEARCA:IVVM) Stock Price Down 0.1% – Here’s What Happened

iShares Large Cap Moderate Buffer ETF (NYSEARCA:IVVM) shares fell 0.1% during trading on Friday . The company traded as low as $34.72 and last traded at $34.79. 52,730 shares were traded during mid-day trading, an increase of 64% from the average session volume of 32,138 shares. The stock had previously closed at $34.84.

iShares Large Cap Moderate Buffer ETF Price Performance

The stock has a fifty day simple moving average of $34.99 and a 200-day simple moving average of $34.35. The company has a market capitalization of $144.73 million, a price-to-earnings ratio of 24.56 and a beta of 0.52.

Institutional Trading of iShares Large Cap Moderate Buffer ETF

An institutional investor recently raised its position in iShares Large Cap Moderate Buffer ETF stock. Strategic Blueprint LLC raised its position in iShares Large Cap Moderate Buffer ETF (NYSEARCA:IVVM) by 1.7% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 30,845 shares of the company’s stock after buying an additional 527 shares during the period. Strategic Blueprint LLC owned about 0.77% of iShares Large Cap Moderate Buffer ETF worth $1,055,000 at the end of the most recent quarter.

iShares Large Cap Moderate Buffer 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.