iShares Morningstar Multi-Asset Income ETF (BATS:IYLD) Trading Up 0% – Here’s What Happened

iShares Morningstar Multi-Asset Income ETF (BATS:IYLD)’s stock price traded up 0% on Tuesday . The stock traded as high as $22.25 and last traded at $22.23. Approximately 8,951 shares changed hands during trading, a decline of 58% from the average session volume of 21,146 shares. The stock had previously closed at $22.22.

iShares Morningstar Multi-Asset Income ETF Stock Up 0.0%

The company has a 50 day moving average price of $22.13 and a 200-day moving average price of $22.09. The company has a market cap of $122.27 million, a price-to-earnings ratio of 12.85 and a beta of 0.48.

Hedge Funds Weigh In On iShares Morningstar Multi-Asset Income ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. IHT Wealth Management LLC raised its stake in shares of iShares Morningstar Multi-Asset Income ETF by 5.6% during the fourth 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 during the last quarter. Triumph Capital Management bought a new position in iShares Morningstar Multi-Asset Income ETF during the 3rd quarter worth $48,000. Finally, NewEdge Advisors LLC raised its position in iShares Morningstar Multi-Asset Income ETF by 77.9% during the 1st quarter. NewEdge Advisors LLC now owns 3,484 shares of the company’s stock worth $70,000 after purchasing an additional 1,526 shares during the last quarter.

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.