iShares International Treasury Bond ETF (NASDAQ:IGOV) Hits New 52-Week Low – What’s Next?

iShares International Treasury Bond ETF (NASDAQ:IGOV)’s share price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $40.32 and last traded at $40.59, with a volume of 16159 shares changing hands. The stock had previously closed at $40.58.

iShares International Treasury Bond ETF Trading Down 0.5%

The company’s fifty day simple moving average is $41.17 and its 200 day simple moving average is $41.63.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Kestra Advisory Services LLC purchased a new position in iShares International Treasury Bond ETF in the 4th quarter valued at approximately $32,000. Franklin Resources Inc. purchased a new stake in shares of iShares International Treasury Bond ETF during the fourth quarter worth $44,000. Quattro Advisors LLC purchased a new stake in shares of iShares International Treasury Bond ETF during the fourth quarter worth $125,000. SHP Wealth Management bought a new position in shares of iShares International Treasury Bond ETF in the fourth quarter worth $136,000. Finally, Smartleaf Asset Management LLC boosted its holdings in shares of iShares International Treasury Bond ETF by 2,023.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 4,862 shares of the company’s stock worth $203,000 after acquiring an additional 4,633 shares during the period.

About iShares International Treasury Bond ETF

iShares International Treasury Bond ETF, formerly iShares S&P/Citigroup International Treasury Bond Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond to the price and yield performance, of the S&P/Citigroup International Treasury Bond Index Ex US (the Index). The Index is a market value-weighted index designed to measure the performance of bonds denominated in local currencies and issued by foreign governments in developed market countries outside the United States.