iShares iBoxx $ High Yield Corporate Bond ETF Sees Unusually Large Options Volume (NYSEARCA:HYG)

iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) saw some unusual options trading activity on Wednesday. Traders purchased 528,163 put options on the company. This represents an increase of 87% compared to the typical daily volume of 282,924 put options.

iShares iBoxx $ High Yield Corporate Bond ETF Trading Up 0.1 %

Shares of HYG opened at $79.80 on Friday. The company’s fifty day simple moving average is $79.21 and its 200 day simple moving average is $79.32. iShares iBoxx $ High Yield Corporate Bond ETF has a 1-year low of $75.59 and a 1-year high of $80.37. The company has a market cap of $15.23 billion, a price-to-earnings ratio of 9.60 and a beta of 0.36.

Institutional Investors Weigh In On iShares iBoxx $ High Yield Corporate Bond ETF

A number of institutional investors have recently modified their holdings of the business. Rebalance LLC raised its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 2.7% during the third quarter. Rebalance LLC now owns 91,790 shares of the exchange traded fund’s stock worth $7,371,000 after acquiring an additional 2,396 shares in the last quarter. Boyd Watterson Asset Management LLC OH raised its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 30.5% during the third quarter. Boyd Watterson Asset Management LLC OH now owns 2,486 shares of the exchange traded fund’s stock worth $200,000 after acquiring an additional 581 shares in the last quarter. Arkadios Wealth Advisors raised its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 9.3% during the third quarter. Arkadios Wealth Advisors now owns 15,660 shares of the exchange traded fund’s stock worth $1,258,000 after acquiring an additional 1,326 shares in the last quarter. Amarillo National Bank raised its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 1.2% during the third quarter. Amarillo National Bank now owns 190,961 shares of the exchange traded fund’s stock worth $15,334,000 after acquiring an additional 2,184 shares in the last quarter. Finally, Farmers & Merchants Investments Inc. increased its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 3.2% in the third quarter. Farmers & Merchants Investments Inc. now owns 154,611 shares of the exchange traded fund’s stock valued at $12,415,000 after buying an additional 4,775 shares during the period.

iShares iBoxx $ High Yield Corporate Bond ETF Company Profile

iShares iBoxx $ High Yield Corporate Bond ETF (the Fund), formerly iShares iBoxx $ High Yield Corporate Bond Fund, is an exchange-traded fund (ETF). The Fund seeks to track the investment results of the Markit iBoxx USD Liquid High Yield Index (the Index), which is a rules-based index consisting of liquid the United States dollar-denominated, high yield corporate bonds for sale in the United States, as determined by the index provider.