iShares Large Cap Moderate Quarterly Laddered ETF (BATS:IVVM) Shares Down 0.6% – What’s Next?

iShares Large Cap Moderate Quarterly Laddered ETF (BATS:IVVM)’s share price fell 0.6% on Tuesday . The company traded as low as $36.60 and last traded at $36.65. 59,336 shares traded hands during mid-day trading, an increase of 101% from the average daily volume of 29,592 shares. The stock had previously closed at $36.88.

iShares Large Cap Moderate Quarterly Laddered ETF Price Performance

The stock has a market capitalization of $102.65 million, a price-to-earnings ratio of 24.56 and a beta of 0.54. The business’s fifty day moving average price is $36.47 and its 200-day moving average price is $35.38.

Hedge Funds Weigh In On iShares Large Cap Moderate Quarterly Laddered ETF

A hedge fund recently raised its position in iShares Large Cap Moderate Quarterly Laddered ETF stock. Captrust Financial Advisors raised its stake in shares of iShares Large Cap Moderate Quarterly Laddered ETF (BATS:IVVM) by 198.9% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 327,166 shares of the company’s stock after purchasing an additional 217,708 shares during the period. Captrust Financial Advisors owned approximately 10.10% of iShares Large Cap Moderate Quarterly Laddered ETF worth $10,590,000 as of its most recent SEC filing.

About iShares Large Cap Moderate Quarterly Laddered 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. IVVM was launched on Jun 28, 2023 and is managed by BlackRock.