iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) Stock Price Up 0.8% – Still a Buy?

iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) rose 0.8% on Thursday . The stock traded as high as $33.30 and last traded at $33.2253. Approximately 56,089 shares were traded during mid-day trading, The stock had previously closed at $32.9543.

iShares Large Cap Deep Quarterly Laddered ETF Stock Up 0.0%

The company’s 50-day moving average price is $33.29 and its 200-day moving average price is $32.61. The firm has a market cap of $286.90 million, a price-to-earnings ratio of 24.72 and a beta of 0.72.

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.