iShares Large Cap Moderate Buffer ETF (NYSEARCA:IVVM) Shares Up 0.5% – Here’s What Happened

iShares Large Cap Moderate Buffer ETF (NYSEARCA:IVVM) were up 0.5% on Monday . The stock traded as high as $31.14 and last traded at $31.08. Approximately 8,146 shares changed hands during trading, a decline of 82% from the average daily volume of 45,950 shares. The stock had previously closed at $30.94.

iShares Large Cap Moderate Buffer ETF Stock Performance

The business has a 50-day simple moving average of $31.16 and a 200-day simple moving average of $30.21.

iShares Large Cap Moderate Buffer ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, January 3rd. Investors of record on Monday, December 30th were given a $0.179 dividend. The ex-dividend date was Monday, December 30th.

Institutional Trading of 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 stake in shares of iShares Large Cap Moderate Buffer ETF (NYSEARCA:IVVM) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. 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 & Exchange Commission.

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.