JPMorgan Chase & Co. Has $651.42 Million Stock Position in iShares Flexible Income Active ETF $BINC

JPMorgan Chase & Co. grew its stake in iShares Flexible Income Active ETF (NYSEARCA:BINC) by 9.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 12,344,473 shares of the company’s stock after buying an additional 1,048,214 shares during the period. JPMorgan Chase & Co.’s holdings in iShares Flexible Income Active ETF were worth $651,418,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Elyxium Wealth LLC acquired a new position in shares of iShares Flexible Income Active ETF in the 4th quarter valued at $25,000. Eagle Bay Advisors LLC acquired a new position in shares of iShares Flexible Income Active ETF in the 4th quarter valued at $30,000. Canton Hathaway LLC acquired a new position in shares of iShares Flexible Income Active ETF in the 4th quarter valued at $32,000. Curio Wealth LLC lifted its stake in shares of iShares Flexible Income Active ETF by 577.0% in the 4th quarter. Curio Wealth LLC now owns 677 shares of the company’s stock valued at $36,000 after purchasing an additional 577 shares during the period. Finally, Proathlete Wealth Management LLC acquired a new position in shares of iShares Flexible Income Active ETF in the 4th quarter valued at $40,000.

iShares Flexible Income Active ETF Price Performance

BINC stock opened at $52.04 on Wednesday. The business’s fifty day moving average is $52.20 and its 200-day moving average is $52.61. iShares Flexible Income Active ETF has a twelve month low of $51.60 and a twelve month high of $53.51.

iShares Flexible Income Active ETF Profile

The BlackRock Flexible Income ETF (BINC) is an exchange-traded fund that mostly invests in high yield fixed income. The fund provides an actively managed approach to multisector fixed-income exposure globally. It may hold debt and income-producing securities, of any credit quality or maturity, with the objective of maximizing long-term income and capital appreciation. BINC was launched on May 19, 2023 and is managed by BlackRock.