Envestnet Asset Management Inc. Has $1.09 Million Stake in iShares Large Cap Max Buffer Dec ETF $DMAX

Envestnet Asset Management Inc. boosted its position in shares of iShares Large Cap Max Buffer Dec ETF (NYSEARCA:DMAX) by 50.9% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 42,190 shares of the company’s stock after buying an additional 14,224 shares during the quarter. Envestnet Asset Management Inc.’s holdings in iShares Large Cap Max Buffer Dec ETF were worth $1,089,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Middleton & Co. Inc. MA acquired a new position in shares of iShares Large Cap Max Buffer Dec ETF during the 1st quarter worth about $238,000. Blue Sky Capital Consultants Group Inc. bought a new position in iShares Large Cap Max Buffer Dec ETF during the first quarter worth about $1,130,000. Elwood & Goetz Wealth Advisory Group LLC acquired a new position in iShares Large Cap Max Buffer Dec ETF during the second quarter worth approximately $689,000. OLD Mission Capital LLC bought a new stake in iShares Large Cap Max Buffer Dec ETF in the first quarter valued at approximately $637,000. Finally, Kestra Investment Management LLC bought a new stake in iShares Large Cap Max Buffer Dec ETF in the first quarter valued at approximately $392,000.

iShares Large Cap Max Buffer Dec ETF Trading Up 0.3%

Shares of NYSEARCA DMAX opened at $26.57 on Friday. iShares Large Cap Max Buffer Dec ETF has a 12 month low of $24.37 and a 12 month high of $26.67. The stock has a 50 day moving average of $26.50 and a 200-day moving average of $26.04.

iShares Large Cap Max Buffer Dec ETF Profile

The iShares Large Cap Max Buffer Dec ETF (DMAX) 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.