iShares Large Cap Deep Buffer ETF (NYSEARCA:IVVB) Trading 0.3% Higher – Time to Buy?

iShares Large Cap Deep Buffer ETF (NYSEARCA:IVVB)’s stock price traded up 0.3% during trading on Tuesday . The company traded as high as $32.28 and last traded at $32.28. 3,440 shares traded hands during mid-day trading, a decline of 96% from the average session volume of 85,824 shares. The stock had previously closed at $32.19.

iShares Large Cap Deep Buffer ETF Stock Up 0.3%

The stock has a market capitalization of $241.45 million, a price-to-earnings ratio of 24.72 and a beta of 0.73. The stock’s 50-day simple moving average is $31.64 and its 200 day simple moving average is $30.45.

Hedge Funds Weigh In On iShares Large Cap Deep Buffer ETF

Institutional investors have recently modified their holdings of the stock. Planned Solutions Inc. grew its stake in shares of iShares Large Cap Deep Buffer ETF by 1.2% during the second quarter. Planned Solutions Inc. now owns 186,318 shares of the company’s stock worth $5,778,000 after purchasing an additional 2,126 shares during the period. Strategic Blueprint LLC lifted its stake in iShares Large Cap Deep Buffer ETF by 7.4% in the first quarter. Strategic Blueprint LLC now owns 33,967 shares of the company’s stock valued at $996,000 after buying an additional 2,331 shares during the period. Finally, Captrust Financial Advisors lifted its stake in iShares Large Cap Deep Buffer ETF by 14.3% in the second quarter. Captrust Financial Advisors now owns 378,347 shares of the company’s stock valued at $11,733,000 after buying an additional 47,416 shares during the period.

iShares Large Cap Deep Buffer ETF Company Profile

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.