iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) Hits New 52-Week Low – Time to Sell?

iShares Ultra Short-Term Bond Active ETF (BATS:ICSH)’s share price hit a new 52-week low on Tuesday . The stock traded as low as $50.38 and last traded at $50.39, with a volume of 104801 shares. The stock had previously closed at $50.55.

iShares Ultra Short-Term Bond Active ETF Stock Performance

The company’s fifty day moving average price is $50.50 and its two-hundred day moving average price is $50.54.

Institutional Investors Weigh In On iShares Ultra Short-Term Bond Active ETF

A number of large investors have recently bought and sold shares of the business. Bison Wealth LLC boosted its stake in iShares Ultra Short-Term Bond Active ETF by 32.1% in the fourth quarter. Bison Wealth LLC now owns 90,281 shares of the company’s stock worth $4,553,000 after purchasing an additional 21,925 shares in the last quarter. Jane Street Group LLC increased its stake in shares of iShares Ultra Short-Term Bond Active ETF by 126.7% in the first quarter. Jane Street Group LLC now owns 206,046 shares of the company’s stock valued at $10,447,000 after buying an additional 115,176 shares in the last quarter. Baird Financial Group Inc. increased its stake in shares of iShares Ultra Short-Term Bond Active ETF by 0.9% in the second quarter. Baird Financial Group Inc. now owns 55,346 shares of the company’s stock valued at $2,807,000 after buying an additional 506 shares in the last quarter. NewEdge Advisors LLC raised its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 6.4% in the second quarter. NewEdge Advisors LLC now owns 32,626 shares of the company’s stock valued at $1,654,000 after buying an additional 1,968 shares during the last quarter. Finally, Raymond James Financial Inc. raised its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 18.1% in the second quarter. Raymond James Financial Inc. now owns 1,003,443 shares of the company’s stock valued at $50,885,000 after buying an additional 153,726 shares during 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.