iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) Shares Down 1% – Here’s What Happened

iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) traded down 1% on Friday . The stock traded as low as $9.21 and last traded at $9.2150. 767,382 shares were traded during mid-day trading, an increase of 1% from the average session volume of 758,421 shares. The stock had previously closed at $9.31.

iShares 25+ Year Treasury STRIPS Bond ETF Trading Down 1.2%

The business’s fifty day moving average price is $9.43 and its two-hundred day moving average price is $9.54.

Institutional Trading of iShares 25+ Year Treasury STRIPS Bond ETF

An institutional investor recently raised its position in iShares 25+ Year Treasury STRIPS Bond ETF stock. JPMorgan Chase & Co. boosted its holdings in shares of iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) by 315.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 63,735 shares of the company’s stock after purchasing an additional 48,400 shares during the period. JPMorgan Chase & Co. owned about 0.22% of iShares 25+ Year Treasury STRIPS Bond ETF worth $620,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

About iShares 25+ Year Treasury STRIPS Bond ETF

The iShares 25+ Year Treasury STRIPS Bond ETF (GOVZ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value weighted index of US separate trading of registered interest and principal securities (STRIPS), with remaining maturities of at least 25 years. GOVZ was launched on Sep 22, 2020 and is managed by BlackRock.