iShares Investment Grade Bond Factor ETF (BATS:IGEB) Reaches New 12-Month Low – Time to Sell?

iShares Investment Grade Bond Factor ETF (BATS:IGEB)’s share price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $44.12 and last traded at $44.67, with a volume of 148962 shares traded. The stock had previously closed at $43.79.

iShares Investment Grade Bond Factor ETF Price Performance

The business has a 50-day moving average of $44.69 and a 200 day moving average of $45.29.

Institutional Trading of iShares Investment Grade Bond Factor ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Silver Oak Securities Incorporated purchased a new position in iShares Investment Grade Bond Factor ETF during the fourth quarter worth about $1,263,000. Stratos Investment Management LLC lifted its position in shares of iShares Investment Grade Bond Factor ETF by 42.4% during the 4th quarter. Stratos Investment Management LLC now owns 835,460 shares of the company’s stock worth $37,061,000 after buying an additional 248,604 shares in the last quarter. Lunt Capital Management Inc. purchased a new position in shares of iShares Investment Grade Bond Factor ETF in the 4th quarter worth approximately $2,558,000. Dohj LLC grew its holdings in shares of iShares Investment Grade Bond Factor ETF by 26.2% in the fourth quarter. Dohj LLC now owns 67,214 shares of the company’s stock valued at $2,982,000 after acquiring an additional 13,956 shares in the last quarter. Finally, Swmg LLC increased its position in shares of iShares Investment Grade Bond Factor ETF by 13.9% during the fourth quarter. Swmg LLC now owns 28,108 shares of the company’s stock valued at $1,248,000 after acquiring an additional 3,422 shares during the last quarter.

About iShares Investment Grade Bond Factor ETF

The iShares Investment Grade Bond Factor ETF (IGEB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad-maturity, multi-factor, investment-grade bond index. The index selects and weights bonds based on default probability, default-adjusted spreads, and volatility.