iShares Morningstar Multi-Asset Income ETF (BATS:IYLD – Get Free Report) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 5,912 shares, an increase of 108.6% from the July 15th total of 2,834 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 8,027 shares, the days-to-cover ratio is presently 0.7 days.
Hedge Funds Weigh In On iShares Morningstar Multi-Asset Income ETF
A number of institutional investors have recently bought and sold shares of IYLD. Triumph Capital Management acquired a new stake in shares of iShares Morningstar Multi-Asset Income ETF during the 3rd quarter worth about $48,000. NewEdge Advisors LLC grew its stake in iShares Morningstar Multi-Asset Income ETF by 77.9% in the 1st quarter. NewEdge Advisors LLC now owns 3,484 shares of the company’s stock valued at $70,000 after buying an additional 1,526 shares during the last quarter. Finally, IHT Wealth Management LLC grew its stake in iShares Morningstar Multi-Asset Income ETF by 5.6% in the 4th quarter. IHT Wealth Management LLC now owns 12,982 shares of the company’s stock valued at $278,000 after buying an additional 690 shares during the last quarter.
iShares Morningstar Multi-Asset Income ETF Price Performance
Shares of IYLD opened at $22.33 on Monday. The company has a market cap of $122.81 million, a PE ratio of 12.85 and a beta of 0.48. The firm has a 50-day moving average of $22.14 and a 200-day moving average of $22.11. iShares Morningstar Multi-Asset Income ETF has a one year low of $20.72 and a one year high of $22.55.
About iShares Morningstar Multi-Asset Income ETF
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.
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