iShares High Yield Muni Active ETF (BATS:HIMU) Reaches New 1-Year Low – Should You Sell?

iShares High Yield Muni Active ETF (BATS:HIMU – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Wednesday. The company traded as low as $46.57 and last traded at $46.5820, with a volume of 215239 shares. The stock had previously closed at $46.74.

iShares High Yield Muni Active ETF Price Performance

The stock’s 50-day simple moving average is $47.98 and its 200 day simple moving average is $48.48.

Hedge Funds Weigh In On iShares High Yield Muni Active ETF

A number of hedge funds have recently made changes to their positions in HIMU. Arkadios Wealth Advisors raised its position in 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 purchasing an additional 1,673 shares during the period. Bessemer Group Inc. purchased a new position in shares of iShares High Yield Muni Active ETF during the first quarter worth $144,000. Manning & Napier Advisors LLC acquired a new stake in shares of iShares High Yield Muni Active ETF in the first quarter valued at $255,000. Ascentis Independent Advisors acquired a new stake in shares of iShares High Yield Muni Active ETF in the first quarter valued at $33,000. Finally, Janney Montgomery Scott LLC raised its holdings in shares of iShares High Yield Muni Active ETF by 5.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 121,906 shares of the company’s stock valued at $5,849,000 after buying an additional 5,757 shares during the period.

About iShares High Yield Muni Active ETF

(Get Free Report)

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.

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