iShares High Yield Muni Active ETF (BATS:HIMU) Sets New 52-Week Low – Time to Sell?

iShares High Yield Muni Active ETF (BATS:HIMU) shares reached a new 52-week low on Thursday . The company traded as low as $47.44 and last traded at $47.46, with a volume of 307614 shares traded. The stock had previously closed at $47.59.

iShares High Yield Muni Active ETF Stock Performance

The business has a 50-day simple moving average of $48.81 and a 200-day simple moving average of $48.73.

Hedge Funds Weigh In On iShares High Yield Muni Active ETF

A number of large investors have recently bought and sold shares of HIMU. Arkadios Wealth Advisors grew its position in shares of iShares High Yield Muni Active ETF by 14.5% during the first quarter. Arkadios Wealth Advisors now owns 13,243 shares of the company’s stock worth $635,000 after acquiring an additional 1,673 shares during the last quarter. Bessemer Group Inc. purchased a new stake in shares of iShares High Yield Muni Active ETF in the first quarter valued at about $144,000. Manning & Napier Advisors LLC purchased a new stake in iShares High Yield Muni Active ETF during the 1st quarter worth about $255,000. Ascentis Independent Advisors acquired a new position in iShares High Yield Muni Active ETF in the first quarter valued at $33,000. Finally, Janney Montgomery Scott LLC grew its stake in shares of iShares High Yield Muni Active ETF by 5.0% during 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.

iShares High Yield Muni Active ETF Company Profile

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.