iShares Large Cap Moderate Buffer ETF (BATS:IVVM) Trading Down 1%

iShares Large Cap Moderate Buffer ETF (BATS:IVVMGet Free Report) shares were down 1% during mid-day trading on Friday . The stock traded as low as $28.94 and last traded at $28.94. Approximately 369 shares traded hands during mid-day trading, The stock had previously closed at $29.23.

iShares Large Cap Moderate Buffer ETF Stock Performance

The stock’s 50-day simple moving average is $29.13 and its 200 day simple moving average is $28.35.

About iShares Large Cap Moderate Buffer ETF

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The iShares Large Cap Moderate Buffer ETF (IVVM) 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 5% buffer against losses, over each calendar quarter. The actively managed fund holds a bundle of iShares Core S&P 500 ETF flex options.

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