iShares Large Cap Deep Buffer ETF (NYSEARCA:IVVB) Shares Down 0.6%

iShares Large Cap Deep Buffer ETF (NYSEARCA:IVVB)’s share price dropped 0.6% during trading on Tuesday . The company traded as low as $30.03 and last traded at $30.08. Approximately 44,465 shares were traded during mid-day trading, an increase of 161% from the average daily volume of 17,010 shares. The stock had previously closed at $30.26.

iShares Large Cap Deep Buffer ETF Trading Down 0.6 %

The company has a fifty day moving average price of $29.13 and a 200 day moving average price of $28.36.

Institutional Investors Weigh In On iShares Large Cap Deep Buffer ETF

A hedge fund recently bought a new stake in iShares Large Cap Deep Buffer ETF stock. Vantage Financial Partners LLC purchased a new stake in iShares Large Cap Deep Buffer ETF (NYSEARCA:IVVB) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 295,489 shares of the company’s stock, valued at approximately $8,472,000. iShares Large Cap Deep Buffer ETF comprises about 2.2% of Vantage Financial Partners LLC’s holdings, making the stock its 14th biggest holding. Vantage Financial Partners LLC owned approximately 15.39% of iShares Large Cap Deep Buffer ETF as of its most recent SEC filing.

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.