iShares Morningstar Multi-Asset Income ETF (BATS:IYLD) Short Interest Update

iShares Morningstar Multi-Asset Income ETF (BATS:IYLD) was the recipient of a significant drop in short interest in June. As of June 30th, there was short interest totaling 2,396 shares, a drop of 58.5% from the June 15th total of 5,767 shares. Based on an average daily volume of 25,152 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Institutional Trading of iShares Morningstar Multi-Asset Income ETF

Several hedge funds have recently bought and sold shares of the stock. IHT Wealth Management LLC boosted its holdings in shares of iShares Morningstar Multi-Asset Income ETF by 5.6% during the 4th quarter. IHT Wealth Management LLC now owns 12,982 shares of the company’s stock valued at $278,000 after purchasing an additional 690 shares during the last quarter. Triumph Capital Management bought a new stake in shares of iShares Morningstar Multi-Asset Income ETF in the third quarter worth about $48,000. NewEdge Advisors LLC lifted its position in shares of iShares Morningstar Multi-Asset Income ETF by 77.9% in the first quarter. NewEdge Advisors LLC now owns 3,484 shares of the company’s stock worth $70,000 after buying an additional 1,526 shares in the last quarter. Finally, IFP Advisors Inc lifted its position in shares of 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 worth $87,000 after buying an additional 3,705 shares in the last quarter.

iShares Morningstar Multi-Asset Income ETF Price Performance

iShares Morningstar Multi-Asset Income ETF stock opened at $22.14 on Thursday. iShares Morningstar Multi-Asset Income ETF has a 1 year low of $20.47 and a 1 year high of $22.55. The firm’s 50 day moving average price is $22.15 and its 200-day moving average price is $22.04. The stock has a market cap of $121.77 million, a P/E ratio of 12.85 and a beta of 0.48.

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.