iShares U.S. Fixed Income Balanced Risk Systematic ETF (BATS:FIBR) Trading Up 0.4% – What’s Next?

Shares of iShares U.S. Fixed Income Balanced Risk Systematic ETF (BATS:FIBR) were up 0.4% on Friday . The company traded as high as $89.36 and last traded at $89.36. Approximately 970 shares traded hands during trading, a decline of 75% from the average daily volume of 3,834 shares. The stock had previously closed at $89.04.

iShares U.S. Fixed Income Balanced Risk Systematic ETF Stock Up 0.5%

The business’s fifty day simple moving average is $88.63 and its two-hundred day simple moving average is $87.82. The company has a market cap of $76.36 million, a price-to-earnings ratio of 10.90 and a beta of 0.26.

Hedge Funds Weigh In On iShares U.S. Fixed Income Balanced Risk Systematic ETF

A hedge fund recently bought a new stake in iShares U.S. Fixed Income Balanced Risk Systematic ETF stock. Jones Financial Companies Lllp bought a new stake in iShares U.S. Fixed Income Balanced Risk Systematic ETF (BATS:FIBR) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 26,687 shares of the company’s stock, valued at approximately $2,339,000. Jones Financial Companies Lllp owned 3.34% of iShares U.S. Fixed Income Balanced Risk Systematic ETF at the end of the most recent reporting period.

About iShares U.S. Fixed Income Balanced Risk Systematic ETF

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.