iShares Investment Grade Systematic Bond ETF (BATS:IGEB – Get Free Report) shares reached a new 52-week low during trading on Wednesday . The company traded as low as $44.39 and last traded at $44.40, with a volume of 43604 shares trading hands. The stock had previously closed at $44.47.
iShares Investment Grade Systematic Bond ETF Stock Performance
The company has a 50 day moving average of $44.85 and a 200 day moving average of $45.24.
Hedge Funds Weigh In On iShares Investment Grade Systematic Bond ETF
Institutional investors have recently modified their holdings of the business. Commonwealth Retirement Investments LLC bought a new stake in iShares Investment Grade Systematic Bond ETF during the 4th quarter worth approximately $77,000. Flow Traders U.S. LLC acquired a new position in shares of iShares Investment Grade Systematic Bond ETF in the third quarter valued at approximately $284,000. Stronghold Wealth Management L.L.C. bought a new stake in shares of iShares Investment Grade Systematic Bond ETF during the fourth quarter worth $295,000. Strategic Blueprint LLC acquired a new stake in shares of iShares Investment Grade Systematic Bond ETF during the fourth quarter worth $324,000. Finally, PNC Financial Services Group Inc. raised its holdings in shares of iShares Investment Grade Systematic Bond ETF by 19.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 8,208 shares of the company’s stock worth $375,000 after acquiring an additional 1,352 shares during the period.
iShares Investment Grade Systematic Bond ETF Company Profile
The iShares Investment Grade Bond Factor ETF (IGEB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad-maturity, multi-factor, investment-grade bond index. The index selects and weights bonds based on default probability, default-adjusted spreads, and volatility. IGEB was launched on Jul 11, 2017 and is managed by BlackRock.
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