iShares U.S. Fixed Income Balanced Risk Systematic ETF (BATS:FIBR) Trading Down 0.1% – Here’s What Happened

by · The Markets Daily

Shares of iShares U.S. Fixed Income Balanced Risk Systematic ETF (BATS:FIBRGet Free Report) were down 0.1% during trading on Wednesday . The stock traded as low as $86.6583 and last traded at $86.74. Approximately 84,216 shares traded hands during trading, an increase of 968% from the average daily volume of 7,883 shares. The stock had previously closed at $86.81.

iShares U.S. Fixed Income Balanced Risk Systematic ETF Stock Down 0.7%

The company has a market cap of $73.02 million, a P/E ratio of 10.90 and a beta of 0.26. The business has a fifty day moving average of $87.39 and a 200 day moving average of $88.40.

Institutional Investors Weigh In On iShares U.S. Fixed Income Balanced Risk Systematic ETF

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

iShares U.S. Fixed Income Balanced Risk Systematic ETF Company Profile

(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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