iShares Large Cap Deep Buffer ETF (NYSEARCA:IVVB) Stock Price Up 0.9% – What’s Next?

iShares Large Cap Deep Buffer ETF (NYSEARCA:IVVB) shot up 0.9% on Tuesday . The company traded as high as $31.56 and last traded at $31.56. 2,903 shares traded hands during mid-day trading, a decline of 90% from the average session volume of 30,179 shares. The stock had previously closed at $31.28.

iShares Large Cap Deep Buffer ETF Price Performance

The firm has a 50 day moving average of $30.95 and a 200-day moving average of $29.79.

Institutional Investors Weigh In On iShares Large Cap Deep Buffer ETF

A number of large investors have recently bought and sold shares of IVVB. Strategic Blueprint LLC bought a new stake in shares of iShares Large Cap Deep Buffer ETF during the 3rd quarter worth $718,000. Captrust Financial Advisors increased its position in iShares Large Cap Deep Buffer ETF by 43.2% during the 3rd quarter. Captrust Financial Advisors now owns 243,967 shares of the company’s stock worth $7,382,000 after purchasing an additional 73,616 shares in the last quarter. Finally, Vantage Financial Partners LLC acquired a new position in iShares Large Cap Deep Buffer ETF during the 2nd quarter worth approximately $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.