iShares New York Muni Bond ETF (NYSEARCA:NYF) Sees Strong Trading Volume – Here’s What Happened

Shares of iShares New York Muni Bond ETF (NYSEARCA:NYF) saw unusually-high trading volume on Tuesday . Approximately 273,503 shares traded hands during trading, an increase of 281% from the previous session’s volume of 71,719 shares.The stock last traded at $51.68 and had previously closed at $51.62.

iShares New York Muni Bond ETF Stock Down 0.1 %

The stock has a 50 day moving average of $52.86 and a two-hundred day moving average of $53.33.

Institutional Trading of iShares New York Muni Bond ETF

Hedge funds have recently bought and sold shares of the stock. Spire Wealth Management acquired a new stake in shares of iShares New York Muni Bond ETF during the 4th quarter valued at about $68,000. Coldstream Capital Management Inc. bought a new stake in shares of iShares New York Muni Bond ETF in the 4th quarter valued at approximately $202,000. Nemes Rush Group LLC raised its holdings in shares of iShares New York Muni Bond ETF by 24.0% in the 4th quarter. Nemes Rush Group LLC now owns 3,883 shares of the company’s stock worth $207,000 after buying an additional 751 shares in the last quarter. Lmcg Investments LLC acquired a new position in shares of iShares New York Muni Bond ETF in the 4th quarter worth approximately $213,000. Finally, Martin Worley Group bought a new position in shares of iShares New York Muni Bond ETF during the 4th quarter worth approximately $224,000.

iShares New York Muni Bond ETF Company Profile

iShares New York AMT-Free Muni Bond ETF, formerly iShares S&P New York AMT-Free Municipal Bond Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P AMT-Free Municipal Series 2016 IndexTM (the Index).