iShares High Yield Muni Active ETF (BATS:HIMU) Reaches New 1-Year Low – Here’s Why

iShares High Yield Muni Active ETF (BATS:HIMU)’s stock price reached a new 52-week low on Wednesday. The stock traded as low as $44.85 and last traded at $44.9560, with a volume of 106742 shares trading hands. The stock had previously closed at $45.42.

iShares High Yield Muni Active ETF Price Performance

The firm has a 50-day simple moving average of $47.44 and a 200 day simple moving average of $48.32.

Hedge Funds Weigh In On iShares High Yield Muni Active ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. J.Safra Asset Management Corp purchased a new position in iShares High Yield Muni Active ETF in the 4th quarter worth approximately $7,888,000. Janney Montgomery Scott LLC raised its stake in shares of iShares High Yield Muni Active ETF by 5.0% during the first quarter. Janney Montgomery Scott LLC now owns 121,906 shares of the company’s stock valued at $5,849,000 after purchasing an additional 5,757 shares during the period. Manning & Napier Advisors LLC acquired a new position in shares of iShares High Yield Muni Active ETF during the first quarter worth $255,000. Venturi Wealth Management LLC lifted its position in shares of iShares High Yield Muni Active ETF by 88.7% during the first quarter. Venturi Wealth Management LLC now owns 9,116 shares of the company’s stock worth $437,000 after purchasing an additional 4,286 shares in the last quarter. Finally, Bessemer Group Inc. purchased a new position in shares of iShares High Yield Muni Active ETF in the first quarter valued at $144,000.

iShares High Yield Muni Active ETF Company Profile

The iShares High Yield Muni Active ETF (HIMU) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed, seeking to provide a high level of income exempt from federal income tax through high-yield US municipal bonds. HIMU was launched on Feb 7, 2025 and is issued by BlackRock.