Shares of iShares Ultra Short-Term Bond Active ETF (BATS:ICSH – Get Free Report) hit a new 52-week low during trading on Monday . The stock traded as low as $50.45 and last traded at $50.46, with a volume of 2389590 shares trading hands. The stock had previously closed at $50.48.
iShares Ultra Short-Term Bond Active ETF Price Performance
The company has a 50 day moving average of $50.58 and a 200 day moving average of $50.62.
Hedge Funds Weigh In On iShares Ultra Short-Term Bond Active ETF
A number of institutional investors and hedge funds have recently added to or reduced their stakes in ICSH. Temasek Holdings Private Ltd acquired a new position in iShares Ultra Short-Term Bond Active ETF in the third quarter valued at about $100,178,000. Foster Dykema Cabot & Partners LLC boosted its position in iShares Ultra Short-Term Bond Active ETF by 84.7% in the fourth quarter. Foster Dykema Cabot & Partners LLC now owns 4,025,851 shares of the company’s stock valued at $203,628,000 after buying an additional 1,846,242 shares in the last quarter. Prosperity Consulting Group LLC acquired a new position in iShares Ultra Short-Term Bond Active ETF in the third quarter valued at about $32,752,000. Capital Advantage Inc. boosted its position in iShares Ultra Short-Term Bond Active ETF by 737.4% in the fourth quarter. Capital Advantage Inc. now owns 718,302 shares of the company’s stock valued at $36,332,000 after buying an additional 632,528 shares in the last quarter. Finally, Bank of America Corp DE boosted its position in iShares Ultra Short-Term Bond Active ETF by 16.4% in the second quarter. Bank of America Corp DE now owns 3,994,163 shares of the company’s stock valued at $202,544,000 after buying an additional 561,690 shares in the last quarter.
iShares Ultra Short-Term Bond Active ETF Company Profile
The iShares Ultra Short-Term Bond ETF (ICSH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in broad market, investment-grade bonds with ultra-short-term maturity. ICSH was launched on Dec 11, 2013 and is managed by BlackRock.
Further Reading
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