iShares Large Cap Deep Buffer ETF (NYSEARCA:IVVB) Stock Price Down 1.2% – Should You Sell?

Shares of iShares Large Cap Deep Buffer ETF (NYSEARCA:IVVB) traded down 1.2% on Friday . The company traded as low as $31.15 and last traded at $31.15. 14,373 shares changed hands during trading, a decline of 50% from the average session volume of 28,579 shares. The stock had previously closed at $31.52.

iShares Large Cap Deep Buffer ETF Stock Performance

The business’s 50-day simple moving average is $31.07 and its two-hundred day simple moving average is $30.48.

iShares Large Cap Deep Buffer ETF Announces Dividend

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. OLD Mission Capital LLC acquired a new position in iShares Large Cap Deep Buffer ETF during the fourth quarter valued at approximately $692,000. Strategic Blueprint LLC purchased a new stake in shares of iShares Large Cap Deep Buffer ETF during the third quarter valued at approximately $718,000. Planned Solutions Inc. purchased a new stake in shares of iShares Large Cap Deep Buffer ETF during the fourth quarter valued at approximately $5,554,000. Finally, Captrust Financial Advisors raised its stake in shares of 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 valued at $7,382,000 after purchasing an additional 73,616 shares during the period.

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.