Insider Selling: iShares Large Cap Max Buffer Mar ETF (BATS:MMAX) Insider Sells 114,292 Shares of Stock

iShares Large Cap Max Buffer Mar ETF (BATS:MMAX) insider Steven Yi sold 114,292 shares of the stock in a transaction that occurred on Wednesday, July 15th. The shares were sold at an average price of $14.17, for a total transaction of $1,619,517.64. Following the transaction, the insider directly owned 2,554,480 shares of the company’s stock, valued at $36,196,981.60. This represents a 4.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 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 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 shares were sold at an average price of $14.05, for a total value of $133,418.80.

iShares Large Cap Max Buffer Mar ETF Stock Performance

BATS:MMAX traded up $0.01 during trading hours on Wednesday, reaching $27.16. The stock had a trading volume of 3,228 shares, compared to its average volume of 17,481. The stock has a 50 day simple moving average of $27.03 and a 200 day simple moving average of $26.67. iShares Large Cap Max Buffer Mar ETF has a 12-month low of $25.74 and a 12-month high of $27.19.

Institutional Investors Weigh In On iShares Large Cap Max Buffer Mar ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Jane Street Group LLC purchased a new stake in iShares Large Cap Max Buffer Mar ETF during the second quarter valued at about $456,000. Captrust Financial Advisors purchased a new position in shares of iShares Large Cap Max Buffer Mar ETF in the second quarter worth about $379,000. Susquehanna International Group LLP bought a new stake in shares of iShares Large Cap Max Buffer Mar ETF in the third quarter valued at approximately $1,950,000. FC Advisory LLC raised its position in shares of iShares Large Cap Max Buffer Mar ETF by 0.7% in the fourth quarter. FC Advisory LLC now owns 64,163 shares of the company’s stock valued at $1,683,000 after purchasing an additional 451 shares during the period. Finally, BIP Wealth LLC purchased a new stake in shares of iShares Large Cap Max Buffer Mar ETF during the 4th quarter valued at approximately $2,715,000.

iShares Large Cap Max Buffer Mar ETF Company Profile

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.