iShares Large Cap Deep Buffer ETF (NYSEARCA:IVVB) Stock Price Up 0.5% – Time to Buy?

iShares Large Cap Deep Buffer ETF (NYSEARCA:IVVB) were up 0.5% on Thursday . The stock traded as high as $31.03 and last traded at $31.02. Approximately 9,477 shares were traded during mid-day trading, a decline of 60% from the average daily volume of 23,534 shares. The stock had previously closed at $30.87.

iShares Large Cap Deep Buffer ETF Stock Performance

The business has a 50-day moving average of $30.34 and a two-hundred day moving average of $29.20.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Strategic Blueprint LLC bought a new stake in iShares Large Cap Deep Buffer ETF in the 3rd quarter valued at $718,000. Captrust Financial Advisors increased its stake in iShares Large Cap Deep Buffer ETF by 43.2% in the third quarter. Captrust Financial Advisors now owns 243,967 shares of the company’s stock valued at $7,382,000 after acquiring an additional 73,616 shares during the period. Finally, Vantage Financial Partners LLC acquired a new position in iShares Large Cap Deep Buffer ETF in the second quarter worth about $8,472,000.

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.