iShares U.S. Fixed Income Balanced Risk Systematic ETF (BATS:FIBR) Shares Down 0.1% – Here’s What Happened

by · The Cerbat Gem

iShares U.S. Fixed Income Balanced Risk Systematic ETF (BATS:FIBR – Get Free Report)’s stock price fell 0.1% on Wednesday . The stock traded as low as $86.6583 and last traded at $86.74. Approximately 84,216 shares were traded during mid-day trading, an increase of 968% from the average daily volume of 7,883 shares. The stock had previously closed at $86.81.

iShares U.S. Fixed Income Balanced Risk Systematic ETF Stock Performance

The company has a market cap of $73.73 million, a PE ratio of 10.90 and a beta of 0.26. The firm’s 50 day moving average is $87.42 and its 200-day moving average is $88.43.

Institutional Investors Weigh In On iShares U.S. Fixed Income Balanced Risk Systematic ETF

A hedge fund recently raised its stake in iShares U.S. Fixed Income Balanced Risk Systematic ETF stock. Ameriprise Financial Inc. lifted its stake in iShares U.S. Fixed Income Balanced Risk Systematic ETF (BATS:FIBR – Free Report) by 7.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 106,320 shares of the company’s stock after purchasing an additional 7,199 shares during the quarter. Ameriprise Financial Inc. owned about 12.51% of iShares U.S. Fixed Income Balanced Risk Systematic ETF worth $9,574,000 at the end of the most recent reporting period.

iShares U.S. Fixed Income Balanced Risk Systematic ETF Company Profile

(Get Free Report)

The iShares U.S. Fixed Income Balanced Risk Factor ETF (FIBR) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index composed of USD-denominated bonds and Treasury futures. The index seeks to equalize exposure to interest rate risk and credit risk. FIBR was launched on Feb 24, 2015 and is managed by BlackRock.

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