iShares Large Cap Moderate Buffer ETF (NYSEARCA:IVVM) Stock Price Up 0% – Still a Buy?

iShares Large Cap Moderate Buffer ETF (NYSEARCA:IVVM) shares shot up 0% on Friday . The company traded as high as $31.57 and last traded at $31.54. 1,230 shares traded hands during mid-day trading, a decline of 85% from the average session volume of 8,404 shares. The stock had previously closed at $31.54.

iShares Large Cap Moderate Buffer ETF Stock Up 0.0 %

The stock’s fifty day simple moving average is $30.90 and its two-hundred day simple moving average is $29.76.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in iShares Large Cap Moderate Buffer ETF stock. Clear Point Advisors Inc. bought a new stake in shares of iShares Large Cap Moderate Buffer ETF (NYSEARCA:IVVM) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 3,200 shares of the company’s stock, valued at approximately $93,000. Clear Point Advisors Inc. owned about 0.24% of iShares Large Cap Moderate Buffer ETF at the end of the most recent quarter.

iShares Large Cap Moderate Buffer 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.