iShares Morningstar Multi-Asset Income ETF (BATS:IYLD) Short Interest Update

iShares Morningstar Multi-Asset Income ETF (BATS:IYLD) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 17,373 shares, a decrease of 54.6% from the April 30th total of 38,251 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average trading volume of 28,817 shares, the days-to-cover ratio is currently 0.6 days.

iShares Morningstar Multi-Asset Income ETF Price Performance

Shares of IYLD stock opened at $22.28 on Friday. The stock has a market cap of $122.54 million, a PE ratio of 12.85 and a beta of 0.48. The stock has a 50-day moving average of $22.02 and a 200-day moving average of $21.88. iShares Morningstar Multi-Asset Income ETF has a one year low of $20.32 and a one year high of $22.55.

Hedge Funds Weigh In On iShares Morningstar Multi-Asset Income ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Triumph Capital Management acquired a new position in shares of iShares Morningstar Multi-Asset Income ETF in the 3rd quarter valued at approximately $48,000. NewEdge Advisors LLC grew its position in shares of iShares Morningstar Multi-Asset Income ETF by 77.9% in the 1st quarter. NewEdge Advisors LLC now owns 3,484 shares of the company’s stock valued at $70,000 after purchasing an additional 1,526 shares during the period. IFP Advisors Inc grew its position in shares of iShares Morningstar Multi-Asset Income ETF by 923.9% in the 3rd quarter. IFP Advisors Inc now owns 4,106 shares of the company’s stock valued at $87,000 after purchasing an additional 3,705 shares during the period. Jones Financial Companies Lllp grew its position in shares of iShares Morningstar Multi-Asset Income ETF by 15.9% in the 3rd quarter. Jones Financial Companies Lllp now owns 6,964 shares of the company’s stock valued at $148,000 after purchasing an additional 954 shares during the period. Finally, IHT Wealth Management LLC grew its position in shares of iShares Morningstar Multi-Asset Income ETF by 5.6% in the 4th quarter. IHT Wealth Management LLC now owns 12,982 shares of the company’s stock valued at $278,000 after purchasing an additional 690 shares during the period.

iShares Morningstar Multi-Asset Income ETF Company Profile

The iShares Morningstar Multi-Asset Income ETF (IYLD) is an exchange-traded fund that is based on the Morningstar Multi-Asset High Income index. The fund tracks an index of fixed-income, equity, preferred stock and REIT ETFs with a focus on income production. IYLD was launched on Apr 5, 2012 and is managed by BlackRock.