SG Americas Securities LLC Has $34.75 Million Stake in iShares iBoxx $ High Yield Corporate Bond ETF $HYG

SG Americas Securities LLC boosted its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 1,615.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 430,874 shares of the exchange traded fund’s stock after purchasing an additional 405,753 shares during the quarter. SG Americas Securities LLC’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $34,750,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of HYG. ST Germain D J Co. Inc. grew its position in iShares iBoxx $ High Yield Corporate Bond ETF by 207.7% during the second quarter. ST Germain D J Co. Inc. now owns 480 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 324 shares in the last quarter. FNY Investment Advisers LLC bought a new stake in iShares iBoxx $ High Yield Corporate Bond ETF in the 2nd quarter valued at $48,000. Tidemark LLC acquired a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the 1st quarter valued at $50,000. GoalVest Advisory LLC acquired a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the 2nd quarter valued at $105,000. Finally, Trust Co. of Toledo NA OH bought a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the 2nd quarter worth about $121,000.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Performance

Shares of iShares iBoxx $ High Yield Corporate Bond ETF stock opened at $80.22 on Friday. The firm has a market cap of $18.98 billion, a P/E ratio of 10.79 and a beta of 0.41. The firm’s 50-day simple moving average is $80.79 and its 200-day simple moving average is $80.20. iShares iBoxx $ High Yield Corporate Bond ETF has a twelve month low of $75.08 and a twelve month high of $81.36.

About iShares iBoxx $ High Yield Corporate Bond ETF

iShares iBoxx $ High Yield Corporate Bond ETF (the Fund), formerly iShares iBoxx $ High Yield Corporate Bond Fund, is an exchange-traded fund (ETF). The Fund seeks to track the investment results of the Markit iBoxx USD Liquid High Yield Index (the Index), which is a rules-based index consisting of liquid the United States dollar-denominated, high yield corporate bonds for sale in the United States, as determined by the index provider.