iShares Investment Grade Systematic Bond ETF (BATS:IGEB) Short Interest Update

iShares Investment Grade Systematic Bond ETF (BATS:IGEB) was the recipient of a significant growth in short interest in June. As of June 30th, there was short interest totaling 233,729 shares, a growth of 1,195.3% from the June 15th total of 18,045 shares. Approximately 0.8% of the company’s stock are short sold. Based on an average trading volume of 499,277 shares, the short-interest ratio is currently 0.5 days.

Institutional Trading of iShares Investment Grade Systematic Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of IGEB. Nations Financial Group Inc. IA ADV lifted its holdings in iShares Investment Grade Systematic Bond ETF by 15.6% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 30,066 shares of the company’s stock worth $1,355,000 after buying an additional 4,056 shares during the last quarter. NewEdge Advisors LLC raised its position in shares of iShares Investment Grade Systematic Bond ETF by 25.2% during the 4th quarter. NewEdge Advisors LLC now owns 22,389 shares of the company’s stock valued at $1,022,000 after acquiring an additional 4,502 shares in the last quarter. Janney Montgomery Scott LLC raised its position in shares of iShares Investment Grade Systematic Bond ETF by 5.1% during the 4th quarter. Janney Montgomery Scott LLC now owns 546,055 shares of the company’s stock valued at $24,933,000 after acquiring an additional 26,739 shares in the last quarter. Commonwealth Retirement Investments LLC acquired a new stake in shares of iShares Investment Grade Systematic Bond ETF during the 4th quarter valued at approximately $77,000. Finally, JPMorgan Chase & Co. lifted its stake in iShares Investment Grade Systematic Bond ETF by 24.1% during the fourth quarter. JPMorgan Chase & Co. now owns 247,270 shares of the company’s stock worth $11,290,000 after purchasing an additional 48,088 shares during the last quarter.

iShares Investment Grade Systematic Bond ETF Trading Down 0.2%

BATS IGEB traded down $0.08 during trading hours on Friday, reaching $44.61. 368,903 shares of the company traded hands, compared to its average volume of 257,118. iShares Investment Grade Systematic Bond ETF has a 12 month low of $44.40 and a 12 month high of $46.46. The company has a 50 day moving average of $44.94 and a two-hundred day moving average of $45.32.

About iShares Investment Grade Systematic Bond ETF

The iShares Investment Grade Bond Factor ETF (IGEB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad-maturity, multi-factor, investment-grade bond index. The index selects and weights bonds based on default probability, default-adjusted spreads, and volatility. IGEB was launched on Jul 11, 2017 and is managed by BlackRock.