iShares Morningstar Multi-Asset Income ETF (BATS:IYLD) Trading Down 0.3% – Should You Sell?

iShares Morningstar Multi-Asset Income ETF (BATS:IYLD)’s stock price fell 0.3% during trading on Wednesday . The stock traded as low as $21.42 and last traded at $21.4350. 50,050 shares traded hands during trading, an increase of 106% from the average session volume of 24,333 shares. The stock had previously closed at $21.50.

iShares Morningstar Multi-Asset Income ETF Stock Performance

The company has a fifty day moving average price of $21.38 and a two-hundred day moving average price of $21.02. The company has a market cap of $117.89 million, a P/E ratio of 12.85 and a beta of 0.48.

Institutional Investors Weigh In On iShares Morningstar Multi-Asset Income ETF

A number of institutional investors and hedge funds have recently made changes to their positions in IYLD. Triumph Capital Management acquired a new stake in shares of iShares Morningstar Multi-Asset Income ETF in the 3rd quarter valued at approximately $48,000. NewEdge Advisors LLC raised its position in iShares Morningstar Multi-Asset Income ETF by 77.9% during the first quarter. NewEdge Advisors LLC now owns 3,484 shares of the company’s stock worth $70,000 after acquiring an additional 1,526 shares in the last quarter. IFP Advisors Inc lifted its stake in iShares Morningstar Multi-Asset Income ETF by 923.9% in the third quarter. IFP Advisors Inc now owns 4,106 shares of the company’s stock valued at $87,000 after acquiring an additional 3,705 shares during the last quarter. Jones Financial Companies Lllp grew its position in shares of iShares Morningstar Multi-Asset Income ETF by 15.9% in the 3rd quarter. Jones Financial Companies Lllp now owns 6,964 shares of the company’s stock valued at $148,000 after acquiring an additional 954 shares during the period. Finally, Fifth Third Securities Inc. acquired a new position in shares of iShares Morningstar Multi-Asset Income ETF during the 2nd quarter worth about $212,000.

iShares Morningstar Multi-Asset Income ETF Company Profile

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.