iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) Reaches New 52-Week Low – Here’s Why

iShares Ultra Short-Term Bond Active ETF (BATS:ICSHGet Free Report) shares reached a new 52-week low on Wednesday . The stock traded as low as $50.40 and last traded at $50.41, with a volume of 324477 shares. The stock had previously closed at $50.58.

iShares Ultra Short-Term Bond Active ETF Stock Down 0.3%

The business’s 50 day simple moving average is $50.53 and its two-hundred day simple moving average is $50.58.

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

Institutional investors and hedge funds have recently made changes to their positions in the business. Networth Advisors LLC bought a new position in iShares Ultra Short-Term Bond Active ETF in the 4th quarter valued at about $27,000. TD Capital Management LLC increased its holdings in iShares Ultra Short-Term Bond Active ETF by 2,595.0% during the 4th quarter. TD Capital Management LLC now owns 539 shares of the company’s stock worth $27,000 after purchasing an additional 519 shares in the last quarter. Triumph Capital Management bought a new stake in iShares Ultra Short-Term Bond Active ETF during the 3rd quarter worth approximately $28,000. NBC Securities Inc. raised its stake in shares of iShares Ultra Short-Term Bond Active ETF by 497.0% in the fourth quarter. NBC Securities Inc. now owns 597 shares of the company’s stock worth $30,000 after purchasing an additional 497 shares during the last quarter. Finally, Rosenberg Matthew Hamilton raised its stake in shares of iShares Ultra Short-Term Bond Active ETF by 166.9% in the fourth quarter. Rosenberg Matthew Hamilton now owns 670 shares of the company’s stock worth $34,000 after purchasing an additional 419 shares during the last quarter.

iShares Ultra Short-Term Bond Active ETF Company Profile

(Get Free Report)

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.

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