iShares High Yield Corporate Bond BuyWrite Strategy ETF (BATS:HYGW) Trading Up 0% – What’s Next?

iShares High Yield Corporate Bond BuyWrite Strategy ETF (BATS:HYGWGet Free Report) shares were up 0% during trading on Friday . The stock traded as high as $28.78 and last traded at $28.78. Approximately 13,602 shares were traded during mid-day trading, a decline of 81% from the average daily volume of 70,396 shares. The stock had previously closed at $28.77.

iShares High Yield Corporate Bond BuyWrite Strategy ETF Stock Performance

The business has a 50 day moving average of $28.93 and a two-hundred day moving average of $29.14. The stock has a market capitalization of $215.85 million, a PE ratio of 10.56 and a beta of 0.24.

Hedge Funds Weigh In On iShares High Yield Corporate Bond BuyWrite Strategy ETF

A number of large investors have recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC purchased a new stake in shares of iShares High Yield Corporate Bond BuyWrite Strategy ETF during the first quarter valued at about $251,000. Arax Advisory Partners purchased a new position in shares of iShares High Yield Corporate Bond BuyWrite Strategy ETF in the 4th quarter worth approximately $337,000. Arkadios Wealth Advisors bought a new position in shares of iShares High Yield Corporate Bond BuyWrite Strategy ETF during the 4th quarter worth approximately $500,000. JPMorgan Chase & Co. raised its stake in shares of iShares High Yield Corporate Bond BuyWrite Strategy ETF by 1.2% during the 4th quarter. JPMorgan Chase & Co. now owns 177,335 shares of the company’s stock worth $5,295,000 after acquiring an additional 2,118 shares in the last quarter. Finally, RiverFront Investment Group LLC raised its stake in shares of iShares High Yield Corporate Bond BuyWrite Strategy ETF by 96.2% during the 4th quarter. RiverFront Investment Group LLC now owns 69,757 shares of the company’s stock worth $2,083,000 after acquiring an additional 34,201 shares in the last quarter.

iShares High Yield Corporate Bond BuyWrite Strategy ETF Company Profile

(Get Free Report)

The iShares High Yield Corporate Bond Buywrite Strategy ETF (HYGW) is an exchange-traded fund that is based on the Cboe HYG BuyWrite index. The fund uses a fund-of-fund approach to passively track an index that measures the performance of holding shares of the iShares High Yield Corporate Bond ETF and writing one-month call options against the shares. HYGW was launched on Aug 18, 2022 and is managed by BlackRock.

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