iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) Shares Down 0.2% – Here’s Why

iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB)’s stock price fell 0.2% on Wednesday . The company traded as low as $32.93 and last traded at $33.00. 2,282 shares traded hands during mid-day trading, a decline of 85% from the average session volume of 15,000 shares. The stock had previously closed at $33.05.

iShares Large Cap Deep Quarterly Laddered ETF Stock Down 0.4%

The business’s 50-day simple moving average is $33.30 and its 200 day simple moving average is $33.04. The firm has a market capitalization of $280.02 million, a P/E ratio of 24.72 and a beta of 0.72.

Hedge Funds Weigh In On iShares Large Cap Deep Quarterly Laddered ETF

A hedge fund recently raised its stake in iShares Large Cap Deep Quarterly Laddered ETF stock. Captrust Financial Advisors lifted its holdings in shares of iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) by 14.3% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 378,347 shares of the company’s stock after purchasing an additional 47,416 shares during the period. Captrust Financial Advisors owned about 5.06% of iShares Large Cap Deep Quarterly Laddered ETF worth $11,733,000 as of its most recent filing with the SEC.

iShares Large Cap Deep Quarterly Laddered 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. The actively managed fund holds a bundle of iShares Core S&P 500 ETF flex options. IVVB was launched on Jun 28, 2023 and is managed by BlackRock.