iShares Large Cap Moderate Buffer ETF (NYSEARCA:IVVM) Shares Up 0.4% – Time to Buy?

iShares Large Cap Moderate Buffer ETF (NYSEARCA:IVVM)’s share price rose 0.4% during mid-day trading on Thursday . The stock traded as high as $35.08 and last traded at $35.00. Approximately 13,762 shares traded hands during trading, a decline of 65% from the average daily volume of 38,997 shares. The stock had previously closed at $34.87.

iShares Large Cap Moderate Buffer ETF Stock Performance

The stock’s 50 day moving average price is $34.84 and its 200 day moving average price is $34.09. The company has a market capitalization of $142.80 million, a P/E ratio of 24.56 and a beta of 0.52.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in iShares Large Cap Moderate Buffer ETF stock. Strategic Blueprint LLC lifted its holdings in shares of iShares Large Cap Moderate Buffer ETF (NYSEARCA:IVVM) by 1.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,845 shares of the company’s stock after purchasing an additional 527 shares during the period. Strategic Blueprint LLC owned 0.77% of iShares Large Cap Moderate Buffer ETF worth $1,055,000 at the end of the most recent reporting period.

About iShares Large Cap Moderate Buffer ETF

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.