iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) Hits New 52-Week Low – Should You Sell?

iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF)’s stock price reached a new 52-week low on Monday . The company traded as low as $22.47 and last traded at $22.47, with a volume of 8557 shares. The stock had previously closed at $22.55.

iShares iBonds 2026 Term High Yield and Income ETF Trading Up 0.1%

The company has a market capitalization of $837.01 million, a P/E ratio of 10.85 and a beta of 0.29. The firm’s 50 day moving average price is $22.59 and its two-hundred day moving average price is $22.82.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Parallel Advisors LLC boosted its stake in shares of iShares iBonds 2026 Term High Yield and Income ETF by 127.0% during the 1st quarter. Parallel Advisors LLC now owns 117,141 shares of the company’s stock worth $2,688,000 after buying an additional 65,541 shares during the last quarter. Arrow Financial Corp increased its position in shares of iShares iBonds 2026 Term High Yield and Income ETF by 34.9% in the fourth quarter. Arrow Financial Corp now owns 1,215,960 shares of the company’s stock valued at $28,064,000 after acquiring an additional 314,399 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its holdings in iShares iBonds 2026 Term High Yield and Income ETF by 12.5% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 1,405,833 shares of the company’s stock worth $32,447,000 after acquiring an additional 156,165 shares in the last quarter. Ascentis Independent Advisors raised its holdings in iShares iBonds 2026 Term High Yield and Income ETF by 133.1% during the first quarter. Ascentis Independent Advisors now owns 126,633 shares of the company’s stock worth $2,906,000 after acquiring an additional 72,308 shares in the last quarter. Finally, Hurley Capital LLC raised its holdings in iShares iBonds 2026 Term High Yield and Income ETF by 17.5% during the fourth quarter. Hurley Capital LLC now owns 524,487 shares of the company’s stock worth $12,105,000 after acquiring an additional 77,975 shares in the last quarter.

iShares iBonds 2026 Term High Yield and Income ETF Company Profile

The iShares iBonds 2026 Term High Yield and Income ETF (IBHF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of USD-denominated, high yield and BBB-rated corporate bonds maturing in 2026. The fund will terminate in December 2026. IBHF was launched on Nov 10, 2020 and is managed by BlackRock.