iShares Morningstar Multi-Asset Income ETF (BATS:IYLD) Trading Up 0% – Here’s What Happened

iShares Morningstar Multi-Asset Income ETF (BATS:IYLD)’s stock price rose 0% during mid-day trading on Tuesday . The company traded as high as $22.25 and last traded at $22.23. Approximately 8,951 shares changed hands during trading, a decline of 58% from the average daily volume of 21,146 shares. The stock had previously closed at $22.22.

iShares Morningstar Multi-Asset Income ETF Trading Down 0.2%

The business has a fifty day moving average of $22.13 and a 200-day moving average of $22.10. The firm has a market cap of $122.16 million, a PE ratio of 12.85 and a beta of 0.48.

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

Large investors have recently modified their holdings of the company. Triumph Capital Management purchased a new position in iShares Morningstar Multi-Asset Income ETF during the third quarter worth about $48,000. NewEdge Advisors LLC raised its holdings 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 acquiring an additional 1,526 shares in the last quarter. Finally, IHT Wealth Management LLC raised its holdings 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 acquiring an additional 690 shares in the last quarter.

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.