iShares High Yield Muni Active ETF (BATS:HIMU) Reaches New 1-Year Low – Should You Sell?

iShares High Yield Muni Active ETF (BATS:HIMU) reached a new 52-week low during mid-day trading on Wednesday. The stock traded as low as $44.85 and last traded at $44.9560, with a volume of 106742 shares. The stock had previously closed at $45.42.

iShares High Yield Muni Active ETF Stock Up 0.5%

The business has a 50 day simple moving average of $47.30 and a 200 day simple moving average of $48.27.

Hedge Funds Weigh In On iShares High Yield Muni Active ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. J.Safra Asset Management Corp purchased a new position in shares of iShares High Yield Muni Active ETF during the fourth quarter worth $7,888,000. Versant Capital Management Inc grew its stake in shares of iShares High Yield Muni Active ETF by 109.6% during the 3rd quarter. Versant Capital Management Inc now owns 2,591 shares of the company’s stock worth $118,000 after purchasing an additional 1,355 shares during the period. Arkadios Wealth Advisors increased its holdings in shares of iShares High Yield Muni Active ETF by 14.5% during the 1st quarter. Arkadios Wealth Advisors now owns 13,243 shares of the company’s stock valued at $635,000 after purchasing an additional 1,673 shares in the last quarter. Bessemer Group Inc. acquired a new position in shares of iShares High Yield Muni Active ETF in the 1st quarter valued at $144,000. Finally, Manning & Napier Advisors LLC acquired a new stake in iShares High Yield Muni Active ETF during the first quarter valued at $255,000.

About iShares High Yield Muni Active ETF

The iShares High Yield Muni Active ETF (HIMU) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed, seeking to provide a high level of income exempt from federal income tax through high-yield US municipal bonds. HIMU was launched on Feb 7, 2025 and is issued by BlackRock.