iShares Large Cap Deep Buffer ETF (NYSEARCA:IVVB) Shares Down 0.6% – Here’s What Happened

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

iShares Large Cap Deep Buffer ETF Price Performance

The company’s 50 day moving average is $29.82 and its 200 day moving average is $28.72.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in iShares Large Cap Deep Buffer ETF stock. Vantage Financial Partners LLC acquired a new stake in iShares Large Cap Deep Buffer ETF (NYSEARCA:IVVB) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 295,489 shares of the company’s stock, valued at approximately $8,472,000. iShares Large Cap Deep Buffer ETF makes up approximately 2.2% of Vantage Financial Partners LLC’s portfolio, making the stock its 14th biggest position. Vantage Financial Partners LLC owned 15.39% of iShares Large Cap Deep Buffer ETF as of its most recent SEC filing.

iShares Large Cap Deep Buffer 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.