Investors Buy High Volume of iShares iBoxx $ Investment Grade Corporate Bond ETF Put Options (NYSEARCA:LQD)

iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) saw unusually large options trading activity on Friday. Traders bought 82,672 put options on the stock. This is an increase of 83% compared to the average daily volume of 45,147 put options.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Up 0.1%

LQD stock opened at $107.52 on Friday. The company has a market capitalization of $28.96 billion, a price-to-earnings ratio of 32.25 and a beta of 0.44. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 12 month low of $103.45 and a 12 month high of $114.07. The firm has a 50 day moving average of $107.00 and a two-hundred day moving average of $107.67.

Institutional Trading of iShares iBoxx $ Investment Grade Corporate Bond ETF

Large investors have recently modified their holdings of the company. iA Global Asset Management Inc. boosted its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 24.4% during the 4th quarter. iA Global Asset Management Inc. now owns 611,200 shares of the exchange traded fund’s stock worth $65,301,000 after buying an additional 120,000 shares during the period. Allstate Corp boosted its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 122.6% during the 4th quarter. Allstate Corp now owns 166,965 shares of the exchange traded fund’s stock worth $17,839,000 after buying an additional 91,965 shares during the period. AMJ Financial Wealth Management boosted its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 0.7% during the 4th quarter. AMJ Financial Wealth Management now owns 72,508 shares of the exchange traded fund’s stock worth $7,747,000 after buying an additional 491 shares during the period. Wayfinding Financial LLC bought a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the 4th quarter worth $7,422,000. Finally, BNP Paribas boosted its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 15.2% during the 4th quarter. BNP Paribas now owns 1,665,560 shares of the exchange traded fund’s stock worth $177,948,000 after buying an additional 219,708 shares during the period. 89.30% of the stock is owned by institutional investors.

iShares iBoxx $ Investment Grade Corporate Bond ETF Company Profile

iShares iBoxx $ Investment Grade Corporate Bond ETF (the Fund), formerly iShares iBoxx $ Investment Grade Corporate Bond Fund, is an exchange-traded fund (ETF). The Fund seeks to track the investment results of the Markit iBoxx USD Liquid Investment Grade Index (the Index), which is a rules-based index consisting of liquid, the United States dollar-denominated, investment-grade corporate bonds for sale in the United States.