iShares Large Cap Moderate Quarterly Laddered ETF (BATS:IVVM) Stock Price Up 0.5% – Here’s Why

Shares of iShares Large Cap Moderate Quarterly Laddered ETF (BATS:IVVM) traded up 0.5% during trading on Wednesday . The stock traded as high as $34.39 and last traded at $34.28. 50,166 shares traded hands during trading, an increase of 38% from the average session volume of 36,445 shares. The stock had previously closed at $34.11.

iShares Large Cap Moderate Quarterly Laddered ETF Price Performance

The stock has a market cap of $95.98 million, a P/E ratio of 24.56 and a beta of 0.54. The stock’s 50 day simple moving average is $34.67 and its two-hundred day simple moving average is $34.61.

Institutional Investors Weigh In On iShares Large Cap Moderate Quarterly Laddered ETF

A hedge fund recently raised its stake in iShares Large Cap Moderate Quarterly Laddered ETF stock. Captrust Financial Advisors increased its stake in iShares Large Cap Moderate Quarterly Laddered ETF (BATS:IVVM) by 6.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 349,413 shares of the company’s stock after purchasing an additional 22,247 shares during the period. Captrust Financial Advisors owned approximately 8.65% of iShares Large Cap Moderate Quarterly Laddered ETF worth $11,950,000 as of its most recent filing with the Securities and Exchange Commission.

About iShares Large Cap Moderate Quarterly Laddered 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.