iShares Large Cap Max Buffer Mar ETF (BATS:MMAX) Insider Steven Yi Sells 82,457 Shares

iShares Large Cap Max Buffer Mar ETF (BATS:MMAX) insider Steven Yi sold 82,457 shares of the company’s stock in a transaction dated Thursday, July 16th. The stock was sold at an average price of $14.39, for a total value of $1,186,556.23. Following the completion of the transaction, the insider owned 2,472,023 shares of the company’s stock, valued at $35,572,410.97. The trade was a 3.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Steven Yi also recently made the following trade(s):

• On Friday, July 17th, Steven Yi sold 12,333 shares of iShares Large Cap Max Buffer Mar ETF stock. The shares were sold at an average price of $14.20, for a total value of $175,128.60.
• On Wednesday, July 15th, Steven Yi sold 114,292 shares of iShares Large Cap Max Buffer Mar ETF stock. The shares were sold at an average price of $14.17, for a total value of $1,619,517.64.
• On Tuesday, July 14th, Steven Yi sold 37,701 shares of iShares Large Cap Max Buffer Mar ETF stock. The stock was sold at an average price of $14.06, for a total value of $530,076.06.
• On Monday, July 13th, Steven Yi sold 9,496 shares of iShares Large Cap Max Buffer Mar ETF stock. The stock was sold at an average price of $14.05, for a total value of $133,418.80.

iShares Large Cap Max Buffer Mar ETF Trading Down 0.2%

Shares of BATS MMAX opened at $27.10 on Friday. iShares Large Cap Max Buffer Mar ETF has a one year low of $25.75 and a one year high of $27.19. The firm’s 50 day simple moving average is $27.03 and its two-hundred day simple moving average is $26.68.

Hedge Funds Weigh In On iShares Large Cap Max Buffer Mar ETF

Several institutional investors and hedge funds have recently made changes to their positions in MMAX. Kovack Advisors Inc. purchased a new position in iShares Large Cap Max Buffer Mar ETF in the 4th quarter worth $267,000. Captrust Financial Advisors purchased a new stake in iShares Large Cap Max Buffer Mar ETF during the second quarter valued at about $379,000. Jane Street Group LLC purchased a new stake in iShares Large Cap Max Buffer Mar ETF during the second quarter valued at about $456,000. FC Advisory LLC grew its stake in shares of iShares Large Cap Max Buffer Mar ETF by 0.7% during the fourth quarter. FC Advisory LLC now owns 64,163 shares of the company’s stock valued at $1,683,000 after buying an additional 451 shares during the last quarter. Finally, Susquehanna International Group LLP bought a new position in shares of iShares Large Cap Max Buffer Mar ETF during the third quarter valued at about $1,950,000.

iShares Large Cap Max Buffer Mar ETF Company Profile

iShares Trust – iShares Large Cap Max Buffer Mar ETF is an exchange traded fund launched by BlackRock, Inc The fund is managed by Blackrock Fund Advisors. The fund invests in public equity markets of the United States. It invests directly and through derivatives in stocks of companies operating across diversified sectors. The fund uses derivatives such as FLexible EXchange Options that reference the share price return of the iShares Core S&P 500 ETF to create its portfolio. It invests in growth and value stocks of large-cap companies.