iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) Reaches New 1-Year Low – Should You Sell?

Shares of iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) hit a new 52-week low on Friday . The company traded as low as $50.38 and last traded at $50.38, with a volume of 1134278 shares changing hands. The stock had previously closed at $50.39.

iShares Ultra Short-Term Bond Active ETF Stock Performance

The business’s 50-day moving average is $50.48 and its two-hundred day moving average is $50.53.

Institutional Investors Weigh In On iShares Ultra Short-Term Bond Active ETF

Several hedge funds have recently modified their holdings of ICSH. TD Capital Management LLC boosted its holdings in iShares Ultra Short-Term Bond Active ETF by 2,595.0% in the 4th quarter. TD Capital Management LLC now owns 539 shares of the company’s stock worth $27,000 after acquiring an additional 519 shares during the period. Triumph Capital Management acquired a new position in shares of iShares Ultra Short-Term Bond Active ETF during the third quarter worth $28,000. Mcguire Capital Advisors Inc. acquired a new position in shares of iShares Ultra Short-Term Bond Active ETF during the fourth quarter worth $34,000. Garton & Associates Financial Advisors LLC purchased a new position in shares of iShares Ultra Short-Term Bond Active ETF in the fourth quarter valued at $40,000. Finally, Kingdom Financial Group LLC. acquired a new stake in iShares Ultra Short-Term Bond Active ETF during the 4th quarter valued at $46,000.

iShares Ultra Short-Term Bond Active ETF Company Profile

The iShares Ultra Short-Term Bond ETF (ICSH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in broad market, investment-grade bonds with ultra-short-term maturity. ICSH was launched on Dec 11, 2013 and is managed by BlackRock.