iShares Large Cap Max Buffer Mar ETF (BATS:MMAX) Insider Steven Yi Sells 12,333 Shares

iShares Large Cap Max Buffer Mar ETF (BATS:MMAX) insider Steven Yi sold 12,333 shares of the stock in a transaction on Friday, July 17th. The stock was sold at an average price of $14.20, for a total value of $175,128.60. Following the sale, the insider directly owned 2,459,690 shares in the company, valued at approximately $34,927,598. This trade represents a 0.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Steven Yi also recently made the following trade(s):

• On Thursday, July 16th, Steven Yi sold 82,457 shares of iShares Large Cap Max Buffer Mar ETF stock. The shares were sold at an average price of $14.39, for a total value of $1,186,556.23.
• On Wednesday, July 15th, Steven Yi sold 114,292 shares of iShares Large Cap Max Buffer Mar ETF stock. The stock was sold at an average price of $14.17, for a total transaction of $1,619,517.64.
• On Tuesday, July 14th, Steven Yi sold 37,701 shares of iShares Large Cap Max Buffer Mar ETF stock. The stock was sold at an average price of $14.06, for a total transaction of $530,076.06.
• On Monday, July 13th, Steven Yi sold 9,496 shares of iShares Large Cap Max Buffer Mar ETF stock. The stock was sold at an average price of $14.05, for a total transaction of $133,418.80.

iShares Large Cap Max Buffer Mar ETF Price Performance

MMAX stock opened at $27.10 on Friday. The company’s 50-day moving average price is $27.03 and its two-hundred day moving average price is $26.68. iShares Large Cap Max Buffer Mar ETF has a 12 month low of $25.75 and a 12 month high of $27.19.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. FC Advisory LLC raised its position in iShares Large Cap Max Buffer Mar ETF by 37.7% during the second quarter. FC Advisory LLC now owns 92,299 shares of the company’s stock valued at $2,497,000 after purchasing an additional 25,257 shares in the last quarter. BIP Wealth LLC boosted its holdings in shares of iShares Large Cap Max Buffer Mar ETF by 188.0% in the 1st quarter. BIP Wealth LLC now owns 298,159 shares of the company’s stock valued at $7,924,000 after purchasing an additional 194,641 shares in the last quarter. Kovack Advisors Inc. acquired a new stake in shares of iShares Large Cap Max Buffer Mar ETF in the 4th quarter valued at $267,000. Susquehanna International Group LLP bought a new position in shares of iShares Large Cap Max Buffer Mar ETF in the 3rd quarter valued at $1,950,000. Finally, Captrust Financial Advisors bought a new position in shares of iShares Large Cap Max Buffer Mar ETF in the 2nd quarter valued at $379,000.

About iShares Large Cap Max Buffer Mar ETF

iShares Trust – iShares Large Cap Max Buffer Mar ETF is an exchange traded fund launched by BlackRock, Inc The fund is managed by Blackrock Fund Advisors. The fund invests in public equity markets of the United States. It invests directly and through derivatives in stocks of companies operating across diversified sectors. The fund uses derivatives such as FLexible EXchange Options that reference the share price return of the iShares Core S&P 500 ETF to create its portfolio. It invests in growth and value stocks of large-cap companies.