Investors Buy High Volume of iShares iBoxx $ Investment Grade Corporate Bond ETF Put Options (NYSEARCA:LQD)

iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) was the recipient of some unusual options trading on Monday. Stock traders purchased 128,133 put options on the stock. This is an increase of 98% compared to the typical daily volume of 64,751 put options.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Performance

Shares of NYSEARCA LQD traded up $0.13 during mid-day trading on Wednesday, hitting $109.25. The stock had a trading volume of 13,446,125 shares, compared to its average volume of 34,955,590. The company has a 50 day moving average of $108.93 and a two-hundred day moving average of $109.85. iShares iBoxx $ Investment Grade Corporate Bond ETF has a twelve month low of $106.93 and a twelve month high of $112.93. The firm has a market cap of $30.96 billion, a PE ratio of 32.25 and a beta of 0.44.

Hedge Funds Weigh In On iShares iBoxx $ Investment Grade Corporate Bond ETF

Hedge funds have recently made changes to their positions in the company. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 4th quarter valued at $32,000. Jessup Wealth Management Inc acquired a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 4th quarter valued at $33,000. Comprehensive Financial Planning Inc. PA increased its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 175.4% in the 4th quarter. Comprehensive Financial Planning Inc. PA now owns 336 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 214 shares during the period. EQ Wealth Advisors LLC acquired a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 4th quarter valued at $41,000. Finally, Park National Corp OH acquired a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 1st quarter valued at $43,000. 89.30% of the stock is owned by institutional investors and hedge funds.

iShares iBoxx $ Investment Grade Corporate Bond ETF Company Profile

iShares iBoxx $ Investment Grade Corporate Bond ETF (the Fund), formerly iShares iBoxx $ Investment Grade Corporate Bond Fund, is an exchange-traded fund (ETF). The Fund seeks to track the investment results of the Markit iBoxx USD Liquid Investment Grade Index (the Index), which is a rules-based index consisting of liquid, the United States dollar-denominated, investment-grade corporate bonds for sale in the United States. The Index may include large-, mid- or small-capitalization companies, and components primarily include consumer services, financial, and oil and gas companies.