iShares Large Cap Deep Buffer ETF (NYSEARCA:IVVB) Stock Price Up 0.5% – Here’s Why

Shares of iShares Large Cap Deep Buffer ETF (NYSEARCA:IVVB) rose 0.5% 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 Price Performance

The stock has a fifty day moving average price of $31.07 and a two-hundred day moving average price of $30.09.

iShares Large Cap Deep Buffer ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, January 3rd. Stockholders of record on Monday, December 30th were issued a dividend of $0.2656 per share. The ex-dividend date of this dividend was Monday, December 30th.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Strategic Blueprint LLC purchased a new stake in shares of iShares Large Cap Deep Buffer ETF in the 3rd quarter valued at approximately $718,000. Planned Solutions Inc. acquired a new position in shares of iShares Large Cap Deep Buffer ETF in the 4th quarter valued at about $5,554,000. Finally, Captrust Financial Advisors lifted its position in shares of iShares Large Cap Deep Buffer ETF by 43.2% in the third 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.

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.