CoreCap Advisors LLC Purchases 39,713 Shares of iShares Broad USD High Yield Corporate Bond ETF $USHY

CoreCap Advisors LLC lifted its position in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 22.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 217,386 shares of the company’s stock after purchasing an additional 39,713 shares during the quarter. CoreCap Advisors LLC’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $7,765,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Atomic Invest LLC grew its stake in iShares Broad USD High Yield Corporate Bond ETF by 338.1% during the second quarter. Atomic Invest LLC now owns 63,925 shares of the company’s stock worth $2,368,000 after buying an additional 49,333 shares during the last quarter. Strive Financial Group LLC bought a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF during the second quarter valued at approximately $49,000. Continuum Advisory LLC acquired a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF in the 2nd quarter valued at $79,000. First PREMIER Bank increased its position in iShares Broad USD High Yield Corporate Bond ETF by 8.5% in the second quarter. First PREMIER Bank now owns 18,452 shares of the company’s stock worth $683,000 after purchasing an additional 1,450 shares during the period. Finally, USA Financial Formulas bought a new stake in iShares Broad USD High Yield Corporate Bond ETF during the 1st quarter worth about $208,000.

iShares Broad USD High Yield Corporate Bond ETF Price Performance

iShares Broad USD High Yield Corporate Bond ETF stock remained flat at $35.66 during trading hours on Thursday. 7,760,580 shares of the company’s stock were exchanged, compared to its average volume of 13,832,366. The company has a market cap of $22.44 billion, a price-to-earnings ratio of 10.79 and a beta of 0.41. iShares Broad USD High Yield Corporate Bond ETF has a 52 week low of $35.30 and a 52 week high of $37.82. The business’s fifty day moving average price is $36.48 and its 200 day moving average price is $36.78.

About iShares Broad USD High Yield Corporate Bond ETF

The iShares Broad USD High Yield Corporate Bond ETF (USHY) is an exchange-traded fund that is based on the ICE BofA US High Yield Constrained index. The fund tracks a market value-weighted index of USD-denominated high yield corporate debt with broad maturities. USHY was launched on Oct 25, 2017 and is managed by BlackRock.