iShares Floating Rate Bond ETF $FLOT is Ifrah Financial Services Inc.’s 7th Largest Position

Ifrah Financial Services Inc. reduced its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 4.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 216,370 shares of the company’s stock after selling 10,912 shares during the quarter. iShares Floating Rate Bond ETF makes up approximately 2.9% of Ifrah Financial Services Inc.’s investment portfolio, making the stock its 7th biggest position. Ifrah Financial Services Inc.’s holdings in iShares Floating Rate Bond ETF were worth $11,053,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Kingstone Capital Partners Texas LLC bought a new position in shares of iShares Floating Rate Bond ETF in the second quarter worth about $61,900,000. Quadrature Capital Ltd raised its stake in iShares Floating Rate Bond ETF by 15,997.2% during the 2nd quarter. Quadrature Capital Ltd now owns 654,191 shares of the company’s stock worth $33,374,000 after acquiring an additional 650,127 shares during the period. RMG Wealth Management LLC bought a new stake in iShares Floating Rate Bond ETF during the 2nd quarter worth approximately $24,254,000. Walker Financial Services Inc. purchased a new position in iShares Floating Rate Bond ETF during the third quarter valued at approximately $22,448,000. Finally, WNY Asset Management LLC boosted its position in shares of iShares Floating Rate Bond ETF by 435.2% in the second quarter. WNY Asset Management LLC now owns 504,956 shares of the company’s stock worth $25,763,000 after purchasing an additional 410,612 shares during the period.

iShares Floating Rate Bond ETF Price Performance

Shares of BATS FLOT opened at $50.87 on Monday. iShares Floating Rate Bond ETF has a 1 year low of $49.75 and a 1 year high of $51.34. The firm has a fifty day moving average price of $50.93 and a 200-day moving average price of $50.95.

iShares Floating Rate Bond ETF Company Profile

The iShares Floating Rate Bond ETF (FLOT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of USD-denominated, investment-grade floating rate notes with maturities of 0-5 years. FLOT was launched on Jun 14, 2011 and is managed by BlackRock.