iShares U.S. Fixed Income Balanced Risk Systematic ETF (BATS:FIBR) Shares Break Below 50 Day Moving Average – Here’s Why

iShares U.S. Fixed Income Balanced Risk Systematic ETF (BATS:FIBR – Get Free Report)’s share price crossed below its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of $85.33 and traded as low as $85.1244. iShares U.S. Fixed Income Balanced Risk Systematic ETF shares last traded at $85.2550, with a volume of 79,293 shares changing hands.

iShares U.S. Fixed Income Balanced Risk Systematic ETF Price Performance

The stock has a 50 day moving average price of $85.33 and a 200-day moving average price of $87.85. The stock has a market capitalization of $72.47 million, a P/E ratio of 10.90 and a beta of 0.26.

About iShares U.S. Fixed Income Balanced Risk Systematic ETF

(Get Free Report)

The iShares U.S. Fixed Income Balanced Risk Factor ETF (FIBR) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index composed of USD-denominated bonds and Treasury futures. The index seeks to equalize exposure to interest rate risk and credit risk. FIBR was launched on Feb 24, 2015 and is managed by BlackRock.

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