iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) Shares Up 1% – Should You Buy?

Shares of iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) were up 1% during trading on Monday . The stock traded as high as $35.06 and last traded at $35.05. Approximately 17,687 shares changed hands during trading, a decline of 19% from the average session volume of 21,723 shares. The stock had previously closed at $34.72.

iShares Large Cap Deep Quarterly Laddered ETF Stock Performance

The company has a market cap of $304.70 million, a P/E ratio of 24.72 and a beta of 0.72. The firm’s fifty day moving average is $34.56 and its two-hundred day moving average is $33.74.

Hedge Funds Weigh In On iShares Large Cap Deep Quarterly Laddered ETF

An institutional investor recently raised its stake in iShares Large Cap Deep Quarterly Laddered ETF stock. Captrust Financial Advisors increased its holdings in shares of iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) by 9.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 412,398 shares of the company’s stock after purchasing an additional 34,051 shares during the quarter. Captrust Financial Advisors owned approximately 11.33% of iShares Large Cap Deep Quarterly Laddered ETF worth $13,494,000 at the end of the most recent reporting period.

About iShares Large Cap Deep Quarterly Laddered 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. The actively managed fund holds a bundle of iShares Core S&P 500 ETF flex options. IVVB was launched on Jun 28, 2023 and is managed by BlackRock.