iShares iBoxx $ Investment Grade Corporate Bond ETF Target of Unusually High Options Trading (NYSEARCA:LQD)

iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) was the recipient of some unusual options trading activity on Monday. Traders acquired 58,590 put options on the stock. This is an increase of 56% compared to the average daily volume of 37,589 put options.

Institutional Trading of iShares iBoxx $ Investment Grade Corporate Bond ETF

Institutional investors have recently made changes to their positions in the company. BNP Paribas raised its stake 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 purchasing an additional 219,708 shares during the period. Aspect Partners LLC grew its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 33,367.4% in the 4th quarter. Aspect Partners LLC now owns 193,776 shares of the exchange traded fund’s stock valued at $20,703,000 after buying an additional 193,197 shares in the last quarter. Marshall Wace LLP grew its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 28.4% in the fourth quarter. Marshall Wace LLP now owns 780,749 shares of the exchange traded fund’s stock valued at $83,415,000 after purchasing an additional 172,549 shares in the last quarter. iA Global Asset Management Inc. increased its holdings in 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 acquiring an additional 120,000 shares during the period. Finally, Mufg Securities Americas Inc. bought a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the fourth quarter worth approximately $10,684,000. Institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Performance

Shares of iShares iBoxx $ Investment Grade Corporate Bond ETF stock traded down $1.83 during trading hours on Monday, reaching $106.95. The company’s stock had a trading volume of 28,544,261 shares, compared to its average volume of 25,305,924. The stock’s fifty day simple moving average is $108.25 and its two-hundred day simple moving average is $108.83. iShares iBoxx $ Investment Grade Corporate Bond ETF has a one year low of $104.14 and a one year high of $114.07. The company has a market capitalization of $29.98 billion, a P/E ratio of 32.87 and a beta of 0.45.

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.