iShares Large Cap Deep Buffer ETF (NYSEARCA:IVVB) Stock Price Down 0.1% – Should You Sell?

iShares Large Cap Deep Buffer ETF (NYSEARCA:IVVB)’s stock price were down 0.1% during mid-day trading on Friday . The company traded as low as $33.07 and last traded at $33.13. Approximately 10,148 shares were traded during mid-day trading, a decline of 40% from the average daily volume of 16,848 shares. The stock had previously closed at $33.16.

iShares Large Cap Deep Buffer ETF Trading Down 0.1%

The business has a 50-day moving average price of $33.40 and a 200 day moving average price of $32.85. The stock has a market capitalization of $128.54 million, a P/E ratio of 24.72 and a beta of 0.70.

Hedge Funds Weigh In On iShares Large Cap Deep Buffer ETF

An institutional investor recently raised its position in iShares Large Cap Deep Buffer ETF stock. Captrust Financial Advisors grew its holdings in shares of iShares Large Cap Deep Buffer ETF (NYSEARCA:IVVB) by 14.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 378,347 shares of the company’s stock after buying an additional 47,416 shares during the quarter. Captrust Financial Advisors owned 5.06% of iShares Large Cap Deep Buffer ETF worth $11,733,000 at the end of the most recent reporting 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. 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.