iShares Large Cap Deep Buffer ETF (NYSEARCA:IVVB) Trading Up 0.5% – Here’s What Happened

Shares of iShares Large Cap Deep Buffer ETF (NYSEARCA:IVVB) were up 0.5% on Monday . The company traded as high as $31.01 and last traded at $30.95. Approximately 16,873 shares were traded 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 Price Performance

The firm has a 50-day moving average price of $31.07 and a 200-day moving average price of $30.09.

iShares Large Cap Deep Buffer ETF Dividend Announcement

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

Institutional Investors Weigh In On iShares Large Cap Deep Buffer ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Captrust Financial Advisors lifted its holdings in shares of iShares Large Cap Deep Buffer ETF by 43.2% during the third quarter. Captrust Financial Advisors now owns 243,967 shares of the company’s stock valued at $7,382,000 after purchasing an additional 73,616 shares during the last quarter. Planned Solutions Inc. bought a new position in iShares Large Cap Deep Buffer ETF during the 4th quarter valued at approximately $5,554,000. Finally, Strategic Blueprint LLC purchased a new position in iShares Large Cap Deep Buffer ETF during the third quarter valued at $718,000.

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.