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

iShares Large Cap Deep Buffer ETF (NYSEARCA:IVVB)’s share price were up 0.5% during mid-day trading on Monday . The stock traded as high as $31.01 and last traded at $30.95. Approximately 16,873 shares changed hands during trading, an increase of 17% from the average daily volume of 14,388 shares. The stock had previously closed at $30.79.

iShares Large Cap Deep Buffer ETF Trading Up 0.5 %

The company’s 50-day simple moving average is $31.07 and its 200 day simple moving average is $30.09.

iShares Large Cap Deep Buffer ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, January 3rd. Shareholders of record on Monday, December 30th were given a $0.2656 dividend. The ex-dividend date of this dividend was Monday, December 30th.

Institutional Trading of iShares Large Cap Deep Buffer ETF

A number of institutional investors and hedge funds have recently modified their holdings of IVVB. Strategic Blueprint LLC purchased a new position in shares of iShares Large Cap Deep Buffer ETF in the 3rd quarter valued at about $718,000. Planned Solutions Inc. purchased a new position in iShares Large Cap Deep Buffer ETF during the 4th quarter worth approximately $5,554,000. Finally, Captrust Financial Advisors increased its holdings in shares of iShares Large Cap Deep Buffer ETF by 43.2% in the 3rd 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.

About iShares Large Cap Deep Buffer ETF

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.