iShares Large Cap Deep Buffer ETF (NYSEARCA:IVVB) Stock Price Up 0.9% – Time to Buy?

Shares of iShares Large Cap Deep Buffer ETF (NYSEARCA:IVVB) shot up 0.9% during trading on Tuesday . The stock traded as high as $31.56 and last traded at $31.56. 2,903 shares were traded during mid-day trading, a decline of 90% from the average session volume of 30,179 shares. The stock had previously closed at $31.28.

iShares Large Cap Deep Buffer ETF Price Performance

The stock’s 50 day simple moving average is $30.95 and its two-hundred day simple moving average is $29.79.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Strategic Blueprint LLC purchased a new stake in iShares Large Cap Deep Buffer ETF in the 3rd quarter worth about $718,000. Captrust Financial Advisors boosted its position in 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 worth $7,382,000 after purchasing an additional 73,616 shares during the period. Finally, Vantage Financial Partners LLC purchased a new position in shares of iShares Large Cap Deep Buffer ETF in the second quarter worth about $8,472,000.

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.