iShares Large Cap Deep Buffer ETF (NYSEARCA:IVVB) Trading Down 1% – Should You Sell?

iShares Large Cap Deep Buffer ETF (NYSEARCA:IVVB) fell 1% during trading on Wednesday . The stock traded as low as $29.65 and last traded at $29.69. 23,279 shares traded hands during mid-day trading, a decline of 80% from the average session volume of 115,458 shares. The stock had previously closed at $29.98.

iShares Large Cap Deep Buffer ETF Stock Performance

The stock has a market capitalization of $121.14 million, a PE ratio of 25.23 and a beta of 0.59. The company’s 50-day moving average price is $30.69 and its 200 day moving average price is $30.65.

iShares Large Cap Deep Buffer ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, January 3rd. Stockholders of record on Monday, December 30th were given a $0.2656 dividend. The ex-dividend date was Monday, December 30th.

Institutional Trading of iShares Large Cap Deep Buffer ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Captrust Financial Advisors grew its position in iShares Large Cap Deep Buffer ETF by 43.2% during the 3rd quarter. Captrust Financial Advisors now owns 243,967 shares of the company’s stock valued at $7,382,000 after purchasing an additional 73,616 shares during the last quarter. Planned Solutions Inc. bought a new position in shares of iShares Large Cap Deep Buffer ETF in the fourth quarter worth approximately $5,554,000. Strategic Blueprint LLC lifted its stake in shares of iShares Large Cap Deep Buffer ETF by 33.4% in the fourth quarter. Strategic Blueprint LLC now owns 31,636 shares of the company’s stock worth $966,000 after buying an additional 7,922 shares in the last quarter. Finally, OLD Mission Capital LLC purchased a new stake in shares of iShares Large Cap Deep Buffer ETF during the fourth quarter valued at approximately $692,000.

iShares Large Cap Deep Buffer 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.