iShares Large Cap Moderate Buffer ETF (NYSEARCA:IVVM) Trading Up 0.4% – What’s Next?

iShares Large Cap Moderate Buffer ETF (NYSEARCA:IVVM) were up 0.4% during trading on Thursday . The company traded as high as $31.30 and last traded at $31.10. Approximately 17,718 shares were traded during trading, an increase of 111% from the average daily volume of 8,402 shares. The stock had previously closed at $30.99.

iShares Large Cap Moderate Buffer ETF Trading Up 0.2 %

The business’s 50-day moving average price is $30.47 and its 200 day moving average price is $29.41.

Institutional Investors Weigh In On iShares Large Cap Moderate Buffer ETF

An institutional investor recently bought a new position in iShares Large Cap Moderate Buffer ETF stock. Clear Point Advisors Inc. bought a new position in shares of iShares Large Cap Moderate Buffer ETF (NYSEARCA:IVVM) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,200 shares of the company’s stock, valued at approximately $93,000. Clear Point Advisors Inc. owned about 0.24% of iShares Large Cap Moderate Buffer ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

About iShares Large Cap Moderate Buffer ETF

The iShares Large Cap Moderate Buffer ETF (IVVM) 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 5% buffer against losses, over each calendar quarter. The actively managed fund holds a bundle of iShares Core S&P 500 ETF flex options.