Balboa Wealth Partners Lowers Position in iShares Large Cap Max Buffer Jun ETF $MAXJ

Balboa Wealth Partners cut its stake in shares of iShares Large Cap Max Buffer Jun ETF (NYSEARCA:MAXJ) by 56.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 74,859 shares of the company’s stock after selling 98,702 shares during the period. Balboa Wealth Partners’ holdings in iShares Large Cap Max Buffer Jun ETF were worth $2,100,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in MAXJ. Geneos Wealth Management Inc. grew its position in iShares Large Cap Max Buffer Jun ETF by 200.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 3,507 shares of the company’s stock valued at $96,000 after acquiring an additional 2,338 shares in the last quarter. Envestnet Asset Management Inc. acquired a new stake in shares of iShares Large Cap Max Buffer Jun ETF during the third quarter worth about $392,000. Foundations Investment Advisors LLC purchased a new position in shares of iShares Large Cap Max Buffer Jun ETF in the third quarter valued at approximately $436,000. BIP Wealth LLC acquired a new position in shares of iShares Large Cap Max Buffer Jun ETF in the third quarter valued at approximately $492,000. Finally, Blue Sky Capital Consultants Group Inc. acquired a new position in shares of iShares Large Cap Max Buffer Jun ETF in the third quarter valued at approximately $608,000.

iShares Large Cap Max Buffer Jun ETF Price Performance

Shares of MAXJ stock opened at $28.30 on Friday. The firm has a 50 day moving average of $28.30 and a two-hundred day moving average of $28.11. iShares Large Cap Max Buffer Jun ETF has a 52 week low of $24.68 and a 52 week high of $28.49.

iShares Large Cap Max Buffer Jun ETF Profile

The iShares Large Cap Max Buffer Jun ETF (MAXJ) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to track the price return of the iShares Core S&P 500 ETF (IVV) up to a cap, with 100% downside hedge over a one-year outcome period. The actively managed fund obtains exposure by holding IVV shares and options. MAXJ was launched on Jun 28, 2024 and is issued by BlackRock.