iShares Broad USD High Yield Corporate Bond ETF $USHY Shares Acquired by CoreCap Advisors LLC

CoreCap Advisors LLC raised its stake in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 22.4% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 217,386 shares of the company’s stock after buying an additional 39,713 shares during the period. CoreCap Advisors LLC’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $7,765,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in USHY. Amicus Financial Advisors LLC acquired a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF in the 4th quarter valued at approximately $8,684,000. Sumitomo Life Insurance Co. grew its holdings in iShares Broad USD High Yield Corporate Bond ETF by 15.8% during the fourth quarter. Sumitomo Life Insurance Co. now owns 754,000 shares of the company’s stock valued at $28,196,000 after purchasing an additional 102,800 shares during the period. Atomic Invest LLC increased its stake in iShares Broad USD High Yield Corporate Bond ETF by 338.1% in the second quarter. Atomic Invest LLC now owns 63,925 shares of the company’s stock valued at $2,368,000 after purchasing an additional 49,333 shares in the last quarter. Collaborative Fund Advisors LLC bought a new stake in iShares Broad USD High Yield Corporate Bond ETF in the first quarter valued at approximately $1,576,000. Finally, JPMorgan Chase & Co. raised its holdings in iShares Broad USD High Yield Corporate Bond ETF by 56.0% in the fourth quarter. JPMorgan Chase & Co. now owns 11,904,449 shares of the company’s stock worth $445,167,000 after purchasing an additional 4,272,229 shares during the period.

iShares Broad USD High Yield Corporate Bond ETF Price Performance

Shares of BATS USHY remained flat at $35.66 during midday trading on Thursday. 7,760,580 shares of the stock were exchanged, compared to its average volume of 13,832,366. iShares Broad USD High Yield Corporate Bond ETF has a 52 week low of $35.30 and a 52 week high of $37.82. The stock has a market capitalization of $22.44 billion, a P/E ratio of 10.79 and a beta of 0.41. The business’s 50 day moving average is $36.48 and its 200-day moving average is $36.78.

About iShares Broad USD High Yield Corporate Bond ETF

The iShares Broad USD High Yield Corporate Bond ETF (USHY) is an exchange-traded fund that is based on the ICE BofA US High Yield Constrained index. The fund tracks a market value-weighted index of USD-denominated high yield corporate debt with broad maturities. USHY was launched on Oct 25, 2017 and is managed by BlackRock.