JPMorgan Chase & Co. Buys 1,038,895 Shares of iShares Flexible Income Active ETF (NYSEARCA:BINC)

JPMorgan Chase & Co. raised its stake in iShares Flexible Income Active ETF (NYSEARCA:BINC) by 15.2% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 7,868,066 shares of the company’s stock after acquiring an additional 1,038,895 shares during the period. JPMorgan Chase & Co. owned approximately 13.90% of iShares Flexible Income Active ETF worth $421,178,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of BINC. Raymond James & Associates boosted its position in shares of iShares Flexible Income Active ETF by 133.6% during the 2nd quarter. Raymond James & Associates now owns 69,690 shares of the company’s stock valued at $3,638,000 after acquiring an additional 39,854 shares during the last quarter. Bank of New York Mellon Corp lifted its position in iShares Flexible Income Active ETF by 10.4% during the second quarter. Bank of New York Mellon Corp now owns 572,243 shares of the company’s stock valued at $29,871,000 after purchasing an additional 53,984 shares during the last quarter. Concurrent Investment Advisors LLC grew its stake in shares of iShares Flexible Income Active ETF by 75.3% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 19,438 shares of the company’s stock worth $1,015,000 after buying an additional 8,352 shares in the last quarter. IFG Advisory LLC bought a new stake in shares of iShares Flexible Income Active ETF in the 2nd quarter worth about $416,000. Finally, Commonwealth Equity Services LLC raised its position in shares of iShares Flexible Income Active ETF by 49.2% during the 2nd quarter. Commonwealth Equity Services LLC now owns 676,922 shares of the company’s stock valued at $35,335,000 after buying an additional 223,157 shares in the last quarter.

iShares Flexible Income Active ETF Trading Down 0.1 %

BINC opened at $51.99 on Friday. The stock has a 50-day moving average of $52.60 and a 200 day moving average of $52.73. iShares Flexible Income Active ETF has a 12 month low of $51.53 and a 12 month high of $53.56.

iShares Flexible Income Active ETF Company Profile

The BlackRock Flexible Income ETF (BINC) is an exchange-traded fund that mostly invests in high yield fixed income. The fund provides an actively managed approach to multisector fixed-income exposure globally. It may hold debt and income-producing securities, of any credit quality or maturity, with the objective of maximizing long-term income and capital appreciation.