iShares High Yield Muni Active ETF (BATS:HIMU) Hits New 1-Year Low – Time to Sell?
by Renee Jackson · The Cerbat GemiShares High Yield Muni Active ETF (BATS:HIMU – Get Free Report)’s share price reached a new 52-week low on Tuesday . The stock traded as low as $46.65 and last traded at $46.6750, with a volume of 412082 shares trading hands. The stock had previously closed at $46.91.
iShares High Yield Muni Active ETF Trading Down 0.5%
The stock’s fifty day moving average price is $48.42 and its 200-day moving average price is $48.62.
Institutional Trading of iShares High Yield Muni Active ETF
Hedge funds and other institutional investors have recently modified their holdings of the business. Arkadios Wealth Advisors grew its stake in shares of iShares High Yield Muni Active ETF by 14.5% in the first quarter. Arkadios Wealth Advisors now owns 13,243 shares of the company’s stock valued at $635,000 after buying an additional 1,673 shares in the last quarter. Bessemer Group Inc. purchased a new stake in shares of iShares High Yield Muni Active ETF in the 1st quarter valued at $144,000. Manning & Napier Advisors LLC acquired a new position in iShares High Yield Muni Active ETF during the 1st quarter worth about $255,000. Ascentis Independent Advisors acquired a new position in iShares High Yield Muni Active ETF during the 1st quarter worth about $33,000. Finally, Janney Montgomery Scott LLC lifted its stake in iShares High Yield Muni Active ETF by 5.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 121,906 shares of the company’s stock worth $5,849,000 after acquiring an additional 5,757 shares in the last quarter.
About iShares High Yield Muni Active ETF
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.