iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) Sets New 52-Week Low – Here’s Why

iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) reached a new 52-week low during trading on Friday . The stock traded as low as $22.42 and last traded at $22.4850, with a volume of 78083 shares traded. The stock had previously closed at $22.46.

iShares iBonds 2026 Term High Yield and Income ETF Stock Performance

The firm has a market cap of $837.57 million, a PE ratio of 10.85 and a beta of 0.29. The stock has a 50-day simple moving average of $22.53 and a two-hundred day simple moving average of $22.73.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Arrow Financial Corp lifted its position in iShares iBonds 2026 Term High Yield and Income ETF by 34.9% during the fourth quarter. Arrow Financial Corp now owns 1,215,960 shares of the company’s stock valued at $28,064,000 after purchasing an additional 314,399 shares during the period. Cambridge Investment Research Advisors Inc. grew its position in iShares iBonds 2026 Term High Yield and Income ETF by 12.5% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 1,405,833 shares of the company’s stock worth $32,447,000 after purchasing an additional 156,165 shares during the period. Hurley Capital LLC grew its position in iShares iBonds 2026 Term High Yield and Income ETF by 17.5% in the 4th quarter. Hurley Capital LLC now owns 524,487 shares of the company’s stock worth $12,105,000 after purchasing an additional 77,975 shares during the period. Ascentis Independent Advisors raised its stake in iShares iBonds 2026 Term High Yield and Income ETF by 133.1% during the 1st quarter. Ascentis Independent Advisors now owns 126,633 shares of the company’s stock valued at $2,906,000 after buying an additional 72,308 shares during the last quarter. Finally, Parallel Advisors LLC raised its stake in iShares iBonds 2026 Term High Yield and Income ETF by 127.0% during the 1st quarter. Parallel Advisors LLC now owns 117,141 shares of the company’s stock valued at $2,688,000 after buying an additional 65,541 shares during the last quarter.

About iShares iBonds 2026 Term High Yield and Income ETF

The iShares iBonds 2026 Term High Yield and Income ETF (IBHF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of USD-denominated, high yield and BBB-rated corporate bonds maturing in 2026. The fund will terminate in December 2026. IBHF was launched on Nov 10, 2020 and is managed by BlackRock.