iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) Trading 0.8% Higher – Should You Buy?

iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB)’s stock price shot up 0.8% on Thursday . The company traded as high as $33.30 and last traded at $33.2253. 56,089 shares changed hands during mid-day trading, The stock had previously closed at $32.9543.

iShares Large Cap Deep Quarterly Laddered ETF Stock Performance

The stock has a market cap of $286.87 million, a PE ratio of 24.72 and a beta of 0.72. The stock has a 50 day moving average of $33.29 and a two-hundred day moving average of $32.60.

iShares Large Cap Deep Quarterly Laddered 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. The actively managed fund holds a bundle of iShares Core S&P 500 ETF flex options. IVVB was launched on Jun 28, 2023 and is managed by BlackRock.