iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) Reaches New 1-Year Low – Here’s Why
by Sarita Garza · The Markets DailyShares of iShares Ultra Short-Term Bond Active ETF (BATS:ICSH – Get Free Report) hit a new 52-week low on Wednesday . The stock traded as low as $50.37 and last traded at $50.38, with a volume of 1318398 shares. The stock had previously closed at $50.39.
iShares Ultra Short-Term Bond Active ETF Trading Down 0.0%
The business has a fifty day moving average price of $50.47 and a 200 day moving average price of $50.51.
Hedge Funds Weigh In On iShares Ultra Short-Term Bond Active ETF
A number of institutional investors have recently added to or reduced their stakes in ICSH. TD Capital Management LLC grew its stake in iShares Ultra Short-Term Bond Active ETF by 2,595.0% in the fourth quarter. TD Capital Management LLC now owns 539 shares of the company’s stock worth $27,000 after purchasing an additional 519 shares in the last quarter. Private Wealth Asset Management LLC acquired a new stake in shares of iShares Ultra Short-Term Bond Active ETF during the 4th quarter valued at approximately $71,000. Webster Bank N. A. acquired a new position in iShares Ultra Short-Term Bond Active ETF in the first quarter worth $100,000. Centaurus Financial Inc. acquired a new stake in shares of iShares Ultra Short-Term Bond Active ETF during the first quarter worth $105,000. Finally, Ascentis Independent Advisors acquired a new position in shares of iShares Ultra Short-Term Bond Active ETF in the 1st quarter valued at about $121,000.
About iShares Ultra Short-Term Bond Active ETF
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.