iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) Reaches New 52-Week Low – Here’s Why

iShares Ultra Short-Term Bond Active ETF (BATS:ICSHGet Free Report) hit a new 52-week low on Friday . The stock traded as low as $50.38 and last traded at $50.38, with a volume of 1134278 shares changing hands. The stock had previously closed at $50.39.

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

The business’s 50 day simple moving average is $50.48 and its 200-day simple moving average is $50.53.

Institutional Investors Weigh In On iShares Ultra Short-Term Bond Active ETF

A number of institutional investors have recently made changes to their positions in the stock. Talon Private Wealth LLC increased its stake in iShares Ultra Short-Term Bond Active ETF by 141.4% in the second quarter. Talon Private Wealth LLC now owns 30,235 shares of the company’s stock valued at $1,529,000 after purchasing an additional 17,712 shares in the last quarter. Marathon Wealth Advisors LLC lifted its stake in iShares Ultra Short-Term Bond Active ETF by 7.5% in the 2nd quarter. Marathon Wealth Advisors LLC now owns 9,801 shares of the company’s stock valued at $496,000 after acquiring an additional 688 shares in the last quarter. Sequoia Financial Advisors LLC boosted its holdings in iShares Ultra Short-Term Bond Active ETF by 1.0% during the second quarter. Sequoia Financial Advisors LLC now owns 100,669 shares of the company’s stock worth $5,092,000 after purchasing an additional 1,024 shares during the last quarter. Capital Analysts LLC grew its position in iShares Ultra Short-Term Bond Active ETF by 9,201.2% in the second quarter. Capital Analysts LLC now owns 47,343 shares of the company’s stock valued at $2,395,000 after purchasing an additional 46,834 shares in the last quarter. Finally, Capital Advantage Inc. increased its stake in iShares Ultra Short-Term Bond Active ETF by 1.5% in the 2nd quarter. Capital Advantage Inc. now owns 742,780 shares of the company’s stock valued at $37,570,000 after buying an additional 10,927 shares during the last quarter.

About iShares Ultra Short-Term Bond Active ETF

(Get Free Report)

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.

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