iShares Large Cap Deep Buffer ETF (BATS:IVVB) Stock Price Down 0.9% – Here’s Why

iShares Large Cap Deep Buffer ETF (BATS:IVVB)’s stock price fell 0.9% during mid-day trading on Tuesday . The company traded as low as $30.52 and last traded at $30.73. 12,577 shares traded hands during mid-day trading, The stock had previously closed at $31.00.

iShares Large Cap Deep Buffer ETF Stock Performance

The firm has a 50-day moving average of $31.06 and a 200 day moving average of $29.92.

iShares Large Cap Deep Buffer ETF Company Profile

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.