iShares Large Cap Moderate Buffer ETF (BATS:IVVM) Shares Down 1.2% – Here’s Why

iShares Large Cap Moderate Buffer ETF (BATS:IVVM)’s stock price fell 1.2% on Tuesday . The company traded as low as $31.12 and last traded at $31.30. 5,099 shares traded hands during mid-day trading, The stock had previously closed at $31.69.

iShares Large Cap Moderate Buffer ETF Price Performance

The company has a 50 day simple moving average of $31.13 and a 200-day simple moving average of $30.04.

About iShares Large Cap Moderate Buffer ETF

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.