iShares Morningstar Multi-Asset Income ETF (BATS:IYLD) Stock Price Down 0.1% – Here’s Why

Shares of iShares Morningstar Multi-Asset Income ETF (BATS:IYLD) traded down 0.1% during mid-day trading on Thursday . The company traded as low as $22.40 and last traded at $22.51. 21,831 shares traded hands during trading, a decline of 36% from the average session volume of 34,277 shares. The stock had previously closed at $22.54.

iShares Morningstar Multi-Asset Income ETF Stock Performance

The company has a market cap of $123.81 million, a PE ratio of 12.85 and a beta of 0.48. The company has a 50 day simple moving average of $21.98 and a two-hundred day simple moving average of $21.48.

Institutional Trading of iShares Morningstar Multi-Asset Income ETF

A number of hedge funds have recently bought and sold shares of IYLD. IHT Wealth Management LLC boosted its position in shares of iShares Morningstar Multi-Asset Income ETF by 5.6% during the 4th quarter. IHT Wealth Management LLC now owns 12,982 shares of the company’s stock valued at $278,000 after acquiring an additional 690 shares in the last quarter. Triumph Capital Management acquired a new position in shares of iShares Morningstar Multi-Asset Income ETF in the 3rd quarter worth approximately $48,000. IFP Advisors Inc grew its holdings in iShares Morningstar Multi-Asset Income ETF by 923.9% during the 3rd quarter. IFP Advisors Inc now owns 4,106 shares of the company’s stock worth $87,000 after acquiring an additional 3,705 shares during the last quarter. Jones Financial Companies Lllp raised its position in iShares Morningstar Multi-Asset Income ETF by 15.9% in the 3rd quarter. Jones Financial Companies Lllp now owns 6,964 shares of the company’s stock worth $148,000 after purchasing an additional 954 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its stake in shares of iShares Morningstar Multi-Asset Income ETF by 77.9% during the first quarter. NewEdge Advisors LLC now owns 3,484 shares of the company’s stock valued at $70,000 after acquiring an additional 1,526 shares during the period.

iShares Morningstar Multi-Asset Income ETF Company Profile

The iShares Morningstar Multi-Asset Income ETF (IYLD) is an exchange-traded fund that is based on the Morningstar Multi-Asset High Income index. The fund tracks an index of fixed-income, equity, preferred stock and REIT ETFs with a focus on income production. IYLD was launched on Apr 5, 2012 and is managed by BlackRock.