iShares U.S. Fixed Income Balanced Risk Systematic ETF (BATS:FIBR) Stock Price Up 0.2% – Here’s Why

iShares U.S. Fixed Income Balanced Risk Systematic ETF (BATS:FIBRGet Free Report)’s share price were up 0.2% during trading on Wednesday . The stock traded as high as $87.46 and last traded at $87.42. 45,904 shares changed hands during mid-day trading, an increase of 482% from the average daily volume of 7,883 shares. The stock had previously closed at $87.22.

iShares U.S. Fixed Income Balanced Risk Systematic ETF Price Performance

The company has a fifty day simple moving average of $88.14 and a 200-day simple moving average of $89.01. The company has a market cap of $74.15 million, a P/E ratio of 10.90 and a beta of 0.26.

Institutional Inflows and Outflows

An institutional investor recently raised its position in iShares U.S. Fixed Income Balanced Risk Systematic ETF stock. Ameriprise Financial Inc. lifted its position in iShares U.S. Fixed Income Balanced Risk Systematic ETF (BATS:FIBRFree Report) by 7.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 106,320 shares of the company’s stock after buying an additional 7,199 shares during the quarter. Ameriprise Financial Inc. owned about 12.51% of iShares U.S. Fixed Income Balanced Risk Systematic ETF worth $9,574,000 as of its most recent filing with the Securities and Exchange Commission.

About iShares U.S. Fixed Income Balanced Risk Systematic ETF

(Get Free Report)

The iShares U.S. Fixed Income Balanced Risk Factor ETF (FIBR) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index composed of USD-denominated bonds and Treasury futures. The index seeks to equalize exposure to interest rate risk and credit risk. FIBR was launched on Feb 24, 2015 and is managed by BlackRock.

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