iShares Large Cap Moderate Quarterly Laddered ETF (BATS:IVVM) Trading Down 0.1% – Here’s What Happened

iShares Large Cap Moderate Quarterly Laddered ETF (BATS:IVVM)’s share price were down 0.1% during mid-day trading on Friday . The company traded as low as $34.72 and last traded at $34.79. Approximately 52,730 shares were traded during trading, an increase of 64% from the average daily volume of 32,138 shares. The stock had previously closed at $34.84.

iShares Large Cap Moderate Quarterly Laddered ETF Trading Down 0.1%

The business’s 50 day simple moving average is $34.99 and its 200 day simple moving average is $34.34. The firm has a market capitalization of $97.41 million, a PE ratio of 24.56 and a beta of 0.54.

iShares Large Cap Moderate Quarterly Laddered 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. IVVM was launched on Jun 28, 2023 and is managed by BlackRock.