JPMorgan Chase & Co. Reduces Stock Position in iShares High Yield Corporate Bond BuyWrite Strategy ETF $HYGW

JPMorgan Chase & Co. lessened its stake in iShares High Yield Corporate Bond BuyWrite Strategy ETF (BATS:HYGW) by 9.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 175,217 shares of the company’s stock after selling 19,332 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares High Yield Corporate Bond BuyWrite Strategy ETF were worth $5,321,000 at the end of the most recent reporting period.

iShares High Yield Corporate Bond BuyWrite Strategy ETF Stock Performance

BATS HYGW opened at $29.55 on Thursday. The stock’s fifty day moving average is $29.71 and its two-hundred day moving average is $29.93. The firm has a market capitalization of $221.63 million, a P/E ratio of 10.56 and a beta of 0.24. iShares High Yield Corporate Bond BuyWrite Strategy ETF has a fifty-two week low of $29.20 and a fifty-two week high of $31.23.

About iShares High Yield Corporate Bond BuyWrite Strategy ETF

The iShares High Yield Corporate Bond Buywrite Strategy ETF (HYGW) is an exchange-traded fund that is based on the Cboe HYG BuyWrite index. The fund uses a fund-of-fund approach to passively track an index that measures the performance of holding shares of the iShares High Yield Corporate Bond ETF and writing one-month call options against the shares. HYGW was launched on Aug 18, 2022 and is managed by BlackRock.