iShares Large Cap Moderate Buffer ETF (NYSEARCA:IVVM) Trading Up 0.3% – Time to Buy?

Shares of iShares Large Cap Moderate Buffer ETF (NYSEARCA:IVVM) rose 0.3% during trading on Wednesday . The stock traded as high as $30.54 and last traded at $30.54. Approximately 216 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 7,074 shares. The stock had previously closed at $30.46.

iShares Large Cap Moderate Buffer ETF Stock Performance

The stock’s 50-day moving average is $29.74 and its two-hundred day moving average is $28.82.

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. acquired a new stake in shares of iShares Large Cap Moderate Buffer ETF (NYSEARCA:IVVM) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 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 SEC filing.

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.