iShares Large Cap Deep Buffer ETF (NYSEARCA:IVVB) Trading Down 0.6% – Here’s Why

Shares of iShares Large Cap Deep Buffer ETF (NYSEARCA:IVVB) traded down 0.6% during mid-day trading on Wednesday . The stock traded as low as $30.34 and last traded at $30.38. 2,253 shares traded hands during trading, a decline of 87% from the average session volume of 17,098 shares. The stock had previously closed at $30.57.

iShares Large Cap Deep Buffer ETF Stock Performance

The stock has a 50-day moving average price of $29.76 and a 200 day moving average price of $28.69.

Institutional Trading of iShares Large Cap Deep Buffer ETF

A hedge fund recently bought a new stake in iShares Large Cap Deep Buffer ETF stock. Vantage Financial Partners LLC bought a new stake in iShares Large Cap Deep Buffer ETF (NYSEARCA:IVVB) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 295,489 shares of the company’s stock, valued at approximately $8,472,000. iShares Large Cap Deep Buffer ETF accounts for 2.2% of Vantage Financial Partners LLC’s investment portfolio, making the stock its 14th biggest holding. Vantage Financial Partners LLC owned approximately 15.39% of iShares Large Cap Deep Buffer ETF as of its most recent SEC filing.

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.