iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG) Shares Cross Above 200-Day Moving Average – Here’s What Happened

iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHGGet Free Report)’s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $22.28 and traded as high as $22.52. iShares iBonds 2027 Term High Yield and Income ETF shares last traded at $22.45, with a volume of 64,106 shares trading hands.

iShares iBonds 2027 Term High Yield and Income ETF Stock Up 0.1 %

The firm’s fifty day moving average price is $22.44 and its 200 day moving average price is $22.28.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. GAMMA Investing LLC increased its stake in iShares iBonds 2027 Term High Yield and Income ETF by 284.8% in the third quarter. GAMMA Investing LLC now owns 127,128 shares of the company’s stock valued at $2,873,000 after purchasing an additional 94,091 shares during the period. Lbmc Investment Advisors LLC increased its stake in iShares iBonds 2027 Term High Yield and Income ETF by 77.9% in the third quarter. Lbmc Investment Advisors LLC now owns 347,150 shares of the company’s stock valued at $7,846,000 after purchasing an additional 152,044 shares during the period. Finally, Integrated Wealth Concepts LLC increased its stake in iShares iBonds 2027 Term High Yield and Income ETF by 2.7% in the third quarter. Integrated Wealth Concepts LLC now owns 46,857 shares of the company’s stock valued at $1,059,000 after purchasing an additional 1,254 shares during the period.

iShares iBonds 2027 Term High Yield and Income ETF Company Profile

(Get Free Report)

The iShares iBonds 2027 Term High Yield and Income ETF (IBHG) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of USD-denominated, high yield and BBB-rated corporate bonds maturing in 2027. The fund will terminate in December 2027.

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