iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) Reaches New 12-Month Low – Time to Sell?

iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $50.45 and last traded at $50.46, with a volume of 2389590 shares traded. The stock had previously closed at $50.48.

iShares Ultra Short-Term Bond Active ETF Stock Down 0.0%

The firm’s 50-day simple moving average is $50.58 and its 200-day simple moving average is $50.62.

Institutional Trading of iShares Ultra Short-Term Bond Active ETF

Several institutional investors have recently modified their holdings of the company. Advisor OS LLC boosted its position in shares of iShares Ultra Short-Term Bond Active ETF by 9.5% during the 3rd quarter. Advisor OS LLC now owns 158,442 shares of the company’s stock valued at $8,041,000 after acquiring an additional 13,750 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in shares of iShares Ultra Short-Term Bond Active ETF during the 3rd quarter valued at about $1,423,000. Sandy Cove Advisors LLC boosted its position in shares of iShares Ultra Short-Term Bond Active ETF by 78.5% during the 3rd quarter. Sandy Cove Advisors LLC now owns 28,529 shares of the company’s stock valued at $1,448,000 after acquiring an additional 12,546 shares in the last quarter. Advisory Services Network LLC boosted its position in shares of iShares Ultra Short-Term Bond Active ETF by 6.1% during the 3rd quarter. Advisory Services Network LLC now owns 345,149 shares of the company’s stock valued at $17,516,000 after acquiring an additional 19,812 shares in the last quarter. Finally, Galvin Gaustad & Stein LLC boosted its position in shares of iShares Ultra Short-Term Bond Active ETF by 57.9% during the 3rd quarter. Galvin Gaustad & Stein LLC now owns 208,069 shares of the company’s stock valued at $10,559,000 after acquiring an additional 76,285 shares in the last quarter.

About iShares Ultra Short-Term Bond Active ETF

The iShares Ultra Short-Term Bond ETF (ICSH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in broad market, investment-grade bonds with ultra-short-term maturity. ICSH was launched on Dec 11, 2013 and is managed by BlackRock.