iShares High Yield Corporate Bond BuyWrite Strategy ETF (BATS:HYGW) Stock Price Down 0.4% – What’s Next?

iShares High Yield Corporate Bond BuyWrite Strategy ETF (BATS:HYGW) dropped 0.4% during mid-day trading on Thursday . The company traded as low as $31.88 and last traded at $31.77. Approximately 17,706 shares were traded during mid-day trading, The stock had previously closed at $31.89.

iShares High Yield Corporate Bond BuyWrite Strategy ETF Price Performance

The business’s 50-day moving average is $31.84 and its two-hundred day moving average is $32.28.

Institutional Trading of iShares High Yield Corporate Bond BuyWrite Strategy ETF

Hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. bought a new stake in iShares High Yield Corporate Bond BuyWrite Strategy ETF during the fourth quarter worth about $3,733,000. RiverFront Investment Group LLC bought a new stake in shares of iShares High Yield Corporate Bond BuyWrite Strategy ETF during the 4th quarter worth approximately $384,000. First Horizon Advisors Inc. acquired a new stake in shares of iShares High Yield Corporate Bond BuyWrite Strategy ETF during the 4th quarter worth approximately $58,000. PSI Advisors LLC bought a new position in iShares High Yield Corporate Bond BuyWrite Strategy ETF in the fourth quarter valued at approximately $48,000. Finally, Private Trust Co. NA raised its position in iShares High Yield Corporate Bond BuyWrite Strategy ETF by 34.5% during the fourth quarter. Private Trust Co. NA now owns 2,267 shares of the company’s stock valued at $72,000 after purchasing an additional 582 shares in the last quarter.

iShares High Yield Corporate Bond BuyWrite Strategy ETF Company Profile

The iShares High Yield Corporate Bond Buywrite Strategy ETF (HYGW) is an exchange-traded fund that is based on the Cboe HYG BuyWrite index. The fund uses a fund-of-fund approach to passively track an index that measures the performance of holding shares of the iShares High Yield Corporate Bond ETF and writing one-month call options against the shares.