Insider Selling: iShares Large Cap Max Buffer Mar ETF (BATS:MMAX) Insider Sells $530,076.06 in Stock

iShares Large Cap Max Buffer Mar ETF (BATS:MMAX) insider Steven Yi sold 37,701 shares of iShares Large Cap Max Buffer Mar ETF stock in a transaction that occurred on Tuesday, July 14th. The shares were sold at an average price of $14.06, for a total value of $530,076.06. Following the sale, the insider directly owned 2,668,772 shares in the company, valued at approximately $37,522,934.32. The trade was a 1.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Steven Yi also recently made the following trade(s):

• On Wednesday, July 15th, Steven Yi sold 114,292 shares of iShares Large Cap Max Buffer Mar ETF stock. The stock was sold at an average price of $14.17, for a total value of $1,619,517.64.
• On Monday, July 13th, Steven Yi sold 9,496 shares of iShares Large Cap Max Buffer Mar ETF stock. The shares were sold at an average price of $14.05, for a total value of $133,418.80.

iShares Large Cap Max Buffer Mar ETF Price Performance

MMAX stock traded up $0.01 during midday trading on Wednesday, hitting $27.16. The stock had a trading volume of 3,228 shares, compared to its average volume of 17,481. The business has a 50-day moving average of $27.03 and a two-hundred day moving average of $26.67. iShares Large Cap Max Buffer Mar ETF has a 52-week low of $25.74 and a 52-week high of $27.19.

Institutional Investors Weigh In On iShares Large Cap Max Buffer Mar ETF

Hedge funds have recently bought and sold shares of the business. FC Advisory LLC grew its holdings in iShares Large Cap Max Buffer Mar ETF by 37.7% in the second quarter. FC Advisory LLC now owns 92,299 shares of the company’s stock worth $2,497,000 after purchasing an additional 25,257 shares during the period. BIP Wealth LLC grew its stake in shares of iShares Large Cap Max Buffer Mar ETF by 188.0% in the 1st quarter. BIP Wealth LLC now owns 298,159 shares of the company’s stock worth $7,924,000 after buying an additional 194,641 shares during the last quarter. Kovack Advisors Inc. bought a new position in iShares Large Cap Max Buffer Mar ETF during the 4th quarter valued at approximately $267,000. Susquehanna International Group LLP bought a new position in iShares Large Cap Max Buffer Mar ETF during the 3rd quarter valued at approximately $1,950,000. Finally, Captrust Financial Advisors purchased a new position in iShares Large Cap Max Buffer Mar ETF during the second quarter valued at $379,000.

About iShares Large Cap Max Buffer Mar ETF

iShares Trust – iShares Large Cap Max Buffer Mar ETF is an exchange traded fund launched by BlackRock, Inc The fund is managed by Blackrock Fund Advisors. The fund invests in public equity markets of the United States. It invests directly and through derivatives in stocks of companies operating across diversified sectors. The fund uses derivatives such as FLexible EXchange Options that reference the share price return of the iShares Core S&P 500 ETF to create its portfolio. It invests in growth and value stocks of large-cap companies.