L & S Advisors Inc Acquires Shares of 25,246 iShares iBoxx $ High Yield Corporate Bond ETF $HYG

L & S Advisors Inc bought a new position in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 25,246 shares of the exchange traded fund’s stock, valued at approximately $2,036,000.

A number of other institutional investors have also recently modified their holdings of the stock. Triumph Capital Management purchased a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the 3rd quarter worth about $38,000. High Point Wealth Management LLC bought a new stake in iShares iBoxx $ High Yield Corporate Bond ETF during the 4th quarter valued at about $38,000. Root Financial Partners LLC bought a new stake in iShares iBoxx $ High Yield Corporate Bond ETF during the 3rd quarter valued at about $40,000. Cornerstone Planning Group LLC purchased a new position in iShares iBoxx $ High Yield Corporate Bond ETF in the third quarter worth about $59,000. Finally, FNY Investment Advisers LLC lifted its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 116.7% in the third quarter. FNY Investment Advisers LLC now owns 1,300 shares of the exchange traded fund’s stock worth $105,000 after buying an additional 700 shares in the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Price Performance

Shares of HYG opened at $79.46 on Monday. iShares iBoxx $ High Yield Corporate Bond ETF has a twelve month low of $78.57 and a twelve month high of $81.36. The company has a market capitalization of $16.99 billion, a P/E ratio of 10.79 and a beta of 0.40. The firm has a 50 day moving average of $79.86 and a 200 day moving average of $80.41.

iShares iBoxx $ High Yield Corporate Bond ETF Profile

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