iShares Large Cap Moderate Buffer ETF (NYSEARCA:IVVM) Shares Up 0.4% – What’s Next?

iShares Large Cap Moderate Buffer ETF (NYSEARCA:IVVM) shares shot up 0.4% on Thursday . The stock traded as high as $33.94 and last traded at $33.88. 10,632 shares were traded during mid-day trading, a decline of 60% from the average session volume of 26,649 shares. The stock had previously closed at $33.76.

iShares Large Cap Moderate Buffer ETF Stock Up 0.4%

The company’s fifty day simple moving average is $33.14 and its two-hundred day simple moving average is $31.68. The company has a market capitalization of $109.77 million, a price-to-earnings ratio of 24.56 and a beta of 0.54.

Institutional Investors Weigh In On iShares Large Cap Moderate Buffer ETF

An institutional investor recently raised its position in iShares Large Cap Moderate Buffer ETF stock. Strategic Blueprint LLC lifted its stake in shares of iShares Large Cap Moderate Buffer ETF (NYSEARCA:IVVM) by 7.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,988 shares of the company’s stock after acquiring an additional 2,235 shares during the period. Strategic Blueprint LLC owned approximately 1.11% of iShares Large Cap Moderate Buffer ETF worth $978,000 at the end of the most recent quarter.

iShares Large Cap Moderate Buffer ETF Company Profile

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.