iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) Shares Up 0.3% – Here’s What Happened

iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) shares were up 0.3% during trading on Wednesday . The stock traded as high as $32.23 and last traded at $32.14. Approximately 74,891 shares were traded during mid-day trading, an increase of 319% from the average daily volume of 17,856 shares. The stock had previously closed at $32.04.

iShares Large Cap Deep Quarterly Laddered ETF Stock Performance

The stock has a 50-day moving average of $32.99 and a 200 day moving average of $33.05. The firm has a market capitalization of $276.40 million, a P/E ratio of 24.72 and a beta of 0.72.

Institutional Trading of iShares Large Cap Deep Quarterly Laddered ETF

A hedge fund recently raised its stake in iShares Large Cap Deep Quarterly Laddered ETF stock. Planned Solutions Inc. grew its holdings in iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) by 0.4% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 187,028 shares of the company’s stock after buying an additional 710 shares during the quarter. iShares Large Cap Deep Quarterly Laddered ETF makes up 2.1% of Planned Solutions Inc.’s portfolio, making the stock its 13th largest position. Planned Solutions Inc. owned 5.08% of iShares Large Cap Deep Quarterly Laddered ETF worth $6,120,000 as of its most recent SEC filing.

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.