iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) Shares Purchased by Migdal Insurance & Financial Holdings Ltd.

Migdal Insurance & Financial Holdings Ltd. raised its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 18.0% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 35,350 shares of the exchange traded fund’s stock after acquiring an additional 5,382 shares during the quarter. Migdal Insurance & Financial Holdings Ltd.’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $2,781,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of HYG. City Holding Co. lifted its position in iShares iBoxx $ High Yield Corporate Bond ETF by 10.4% during the third quarter. City Holding Co. now owns 17,193 shares of the exchange traded fund’s stock valued at $1,381,000 after buying an additional 1,620 shares in the last quarter. USA Financial Formulas raised its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 2.3% during the third quarter. USA Financial Formulas now owns 133,048 shares of the exchange traded fund’s stock valued at $10,684,000 after purchasing an additional 2,947 shares during the period. Money Design Co. Ltd. purchased a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the third quarter valued at approximately $20,068,000. Worth Asset Management LLC purchased a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the third quarter valued at approximately $495,000. Finally, Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 72.8% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,576 shares of the exchange traded fund’s stock valued at $127,000 after purchasing an additional 664 shares during the period.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Down 0.2 %

HYG opened at $79.60 on Friday. The firm has a market capitalization of $15.19 billion, a P/E ratio of 9.60 and a beta of 0.36. The firm’s 50 day moving average is $79.26 and its 200-day moving average is $79.22. iShares iBoxx $ High Yield Corporate Bond ETF has a 52-week low of $75.59 and a 52-week high of $80.37.

iShares iBoxx $ High Yield Corporate Bond ETF Profile

iShares iBoxx $ High Yield Corporate Bond ETF (the Fund), formerly iShares iBoxx $ High Yield Corporate Bond Fund, is an exchange-traded fund (ETF). The Fund seeks to track the investment results of the Markit iBoxx USD Liquid High Yield Index (the Index), which is a rules-based index consisting of liquid the United States dollar-denominated, high yield corporate bonds for sale in the United States, as determined by the index provider.