iShares International Treasury Bond ETF (NASDAQ:IGOV) Stock Break Below 50 Day Moving Average – Should You Sell?

iShares International Treasury Bond ETF (NASDAQ:IGOV)’s stock price crossed below its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $40.27 and traded as low as $39.96. iShares International Treasury Bond ETF shares last traded at $40.10, with a volume of 78,237 shares changing hands.

iShares International Treasury Bond ETF Trading Down 0.4%

The stock’s fifty day moving average is $40.27 and its 200-day moving average is $41.23.

Institutional Trading of iShares International Treasury Bond ETF

Several large investors have recently made changes to their positions in IGOV. Ieq Capital LLC grew its holdings in shares of iShares International Treasury Bond ETF by 17.5% during the third quarter. Ieq Capital LLC now owns 15,499 shares of the company’s stock worth $616,000 after buying an additional 2,305 shares in the last quarter. Checchi Capital Advisers LLC acquired a new position in iShares International Treasury Bond ETF in the third quarter valued at approximately $22,742,000. Vista Capital Partners Inc. purchased a new position in shares of iShares International Treasury Bond ETF during the 3rd quarter worth $492,000. Fisher Asset Management LLC acquired a new stake in shares of iShares International Treasury Bond ETF during the third quarter valued at about $4,669,000. Finally, Fifth Third Bancorp raised its position in iShares International Treasury Bond ETF by 4.7% in the third quarter. Fifth Third Bancorp now owns 6,926 shares of the company’s stock valued at $275,000 after purchasing an additional 314 shares during the period.

About iShares International Treasury Bond ETF

iShares International Treasury Bond ETF, formerly iShares S&P/Citigroup International Treasury Bond Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond to the price and yield performance, of the S&P/Citigroup International Treasury Bond Index Ex US (the Index). The Index is a market value-weighted index designed to measure the performance of bonds denominated in local currencies and issued by foreign governments in developed market countries outside the United States.