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

iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) were up 0.3% on Tuesday . The stock traded as high as $35.34 and last traded at $35.34. 6,976 shares were traded during trading, a decline of 68% from the average daily volume of 21,549 shares. The stock had previously closed at $35.24.

iShares Large Cap Deep Quarterly Laddered ETF Stock Performance

The business has a 50-day simple moving average of $34.87 and a 200-day simple moving average of $33.97. The company has a market cap of $305.90 million, a price-to-earnings ratio of 24.72 and a beta of 0.72.

Institutional Trading of iShares Large Cap Deep Quarterly Laddered ETF

An institutional investor recently raised its position in iShares Large Cap Deep Quarterly Laddered ETF stock. Captrust Financial Advisors raised its position in iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) by 14.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 378,347 shares of the company’s stock after acquiring an additional 47,416 shares during the quarter. Captrust Financial Advisors owned approximately 5.06% of iShares Large Cap Deep Quarterly Laddered ETF worth $11,733,000 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.