iShares Investment Grade Systematic Bond ETF (BATS:IGEB) Stock Jumps 0.1% – What’s Next?

Shares of iShares Investment Grade Systematic Bond ETF (BATS:IGEB – Get Free Report) were up 0.1% during mid-day trading on Thursday. The company traded as high as $43.60 and last traded at $43.56. 213,908 shares changed hands during mid-day trading, a decline of 15% from the average daily volume of 252,218 shares. The stock had previously closed at $43.51.

iShares Investment Grade Systematic Bond ETF Stock Up 0.1%

The company’s 50 day moving average is $43.35 and its 200-day moving average is $44.63.

Institutional Trading of iShares Investment Grade Systematic Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. Rogco LP acquired a new stake in shares of iShares Investment Grade Systematic Bond ETF in the second quarter valued at approximately $5,060,000. Independence Bank of Kentucky acquired a new position in shares of iShares Investment Grade Systematic Bond ETF during the 2nd quarter worth approximately $55,000. Prime Capital Investment Advisors LLC increased its holdings in shares of iShares Investment Grade Systematic Bond ETF by 2.3% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 33,923 shares of the company’s stock worth $1,452,000 after acquiring an additional 752 shares during the last quarter. Capital Square LLC bought a new stake in iShares Investment Grade Systematic Bond ETF in the 3rd quarter valued at $219,000. Finally, Stronghold Wealth Management L.L.C. raised its stake in iShares Investment Grade Systematic Bond ETF by 62.4% in the 3rd quarter. Stronghold Wealth Management L.L.C. now owns 10,846 shares of the company’s stock valued at $464,000 after acquiring an additional 4,169 shares during the period.

About iShares Investment Grade Systematic Bond ETF

(Get Free Report)

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.

See Also

Receive News & Ratings for iShares Investment Grade Systematic Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Investment Grade Systematic Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.