iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) Trading Down 0.1% – Here’s Why

iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB)’s stock price were down 0.1% during trading on Friday . The stock traded as low as $33.07 and last traded at $33.13. Approximately 10,148 shares changed hands during mid-day trading, a decline of 40% from the average daily volume of 16,848 shares. The stock had previously closed at $33.16.

iShares Large Cap Deep Quarterly Laddered ETF Price Performance

The company has a market cap of $284.92 million, a P/E ratio of 24.72 and a beta of 0.72. The company has a 50 day moving average of $33.39 and a 200-day moving average of $32.84.

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.