iShares Large Cap Deep Buffer ETF (NYSEARCA:IVVB) Shares Down 0.6% – Time to Sell?

iShares Large Cap Deep Buffer ETF (NYSEARCA:IVVB)’s stock price were down 0.6% during mid-day trading on Monday . The company traded as low as $32.70 and last traded at $32.77. Approximately 9,565 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 72,108 shares. The stock had previously closed at $32.97.

iShares Large Cap Deep Buffer ETF Trading Up 0.3%

The stock has a fifty day moving average price of $32.84 and a 200 day moving average price of $31.71. The firm has a market cap of $119.10 million, a price-to-earnings 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. Planned Solutions Inc. raised its holdings in iShares Large Cap Deep Buffer ETF (NYSEARCA:IVVB) by 1.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 186,318 shares of the company’s stock after buying an additional 2,126 shares during the quarter. iShares Large Cap Deep Buffer ETF accounts for approximately 2.2% of Planned Solutions Inc.’s holdings, making the stock its 13th biggest holding. Planned Solutions Inc. owned approximately 2.49% of iShares Large Cap Deep Buffer ETF worth $5,778,000 at the end of the most recent quarter.

About iShares Large Cap Deep Buffer ETF

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.