iShares U.S. Fixed Income Balanced Risk Systematic ETF (BATS:FIBR) Trading Up 0.1% – Time to Buy?

iShares U.S. Fixed Income Balanced Risk Systematic ETF (BATS:FIBR)’s share price traded up 0.1% on Monday . The company traded as high as $89.9550 and last traded at $89.90. 61,165 shares traded hands during trading, an increase of 1,495% from the average session volume of 3,834 shares. The stock had previously closed at $89.84.

iShares U.S. Fixed Income Balanced Risk Systematic ETF Stock Performance

The company has a market capitalization of $76.42 million, a P/E ratio of 10.90 and a beta of 0.26. The business has a fifty day moving average of $90.03 and a 200-day moving average of $89.40.

Hedge Funds Weigh In On iShares U.S. Fixed Income Balanced Risk Systematic ETF

An institutional investor recently raised its position in iShares U.S. Fixed Income Balanced Risk Systematic ETF stock. Jones Financial Companies Lllp grew its holdings in shares of iShares U.S. Fixed Income Balanced Risk Systematic ETF (BATS:FIBR) by 97.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,102 shares of the company’s stock after buying an additional 1,038 shares during the period. Jones Financial Companies Lllp owned 0.25% of iShares U.S. Fixed Income Balanced Risk Systematic ETF worth $189,000 as of its most recent SEC filing.

iShares U.S. Fixed Income Balanced Risk Systematic ETF Company Profile

The iShares U.S. Fixed Income Balanced Risk Factor ETF (FIBR) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index composed of USD-denominated bonds and Treasury futures. The index seeks to equalize exposure to interest rate risk and credit risk. FIBR was launched on Feb 24, 2015 and is managed by BlackRock.