iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) Sets New 12-Month Low – Here’s Why

iShares Ultra Short-Term Bond Active ETF (BATS:ICSH)’s stock price hit a new 52-week low during trading on Tuesday. The stock traded as low as $50.37 and last traded at $50.38, with a volume of 1732284 shares trading hands. The stock had previously closed at $50.40.

iShares Ultra Short-Term Bond Active ETF Stock Up 0.0%

The company’s 50 day simple moving average is $50.46 and its 200-day simple moving average is $50.50.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Atomic Invest LLC boosted its stake in iShares Ultra Short-Term Bond Active ETF by 87,000.0% during the second quarter. Atomic Invest LLC now owns 871 shares of the company’s stock valued at $44,000 after buying an additional 870 shares during the period. Talon Private Wealth LLC increased its stake in iShares Ultra Short-Term Bond Active ETF by 141.4% in the 2nd quarter. Talon Private Wealth LLC now owns 30,235 shares of the company’s stock worth $1,529,000 after acquiring an additional 17,712 shares during the last quarter. Marathon Wealth Advisors LLC increased its stake in iShares Ultra Short-Term Bond Active ETF by 7.5% in the 2nd quarter. Marathon Wealth Advisors LLC now owns 9,801 shares of the company’s stock worth $496,000 after acquiring an additional 688 shares during the last quarter. Sequoia Financial Advisors LLC raised its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 1.0% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 100,669 shares of the company’s stock valued at $5,092,000 after acquiring an additional 1,024 shares in the last quarter. Finally, Capital Analysts LLC raised its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 9,201.2% in the 2nd quarter. Capital Analysts LLC now owns 47,343 shares of the company’s stock valued at $2,395,000 after acquiring an additional 46,834 shares in the last quarter.

iShares Ultra Short-Term Bond Active ETF Company Profile

The iShares Ultra Short-Term Bond ETF (ICSH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in broad market, investment-grade bonds with ultra-short-term maturity. ICSH was launched on Dec 11, 2013 and is managed by BlackRock.