iShares U.S. Fixed Income Balanced Risk Factor ETF (BATS:FIBR) Trading Up 1.2% – Should You Buy?

iShares U.S. Fixed Income Balanced Risk Factor ETF (BATS:FIBRGet Free Report) were up 1.2% during mid-day trading on Monday . The company traded as high as $87.19 and last traded at $87.67. Approximately 1,115 shares traded hands during mid-day trading, a decline of 52% from the average daily volume of 2,336 shares. The stock had previously closed at $86.66.

iShares U.S. Fixed Income Balanced Risk Factor ETF Stock Performance

The stock has a 50 day moving average of $87.46 and a 200-day moving average of $87.53. The company has a market cap of $70.07 million, a PE ratio of 10.90 and a beta of 0.28.

iShares U.S. Fixed Income Balanced Risk Factor ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a dividend of $0.3811 per share. The ex-dividend date was Monday, March 3rd.

Hedge Funds Weigh In On iShares U.S. Fixed Income Balanced Risk Factor ETF

An institutional investor recently raised its position in iShares U.S. Fixed Income Balanced Risk Factor ETF stock. Ameriprise Financial Inc. raised its holdings in iShares U.S. Fixed Income Balanced Risk Factor ETF (BATS:FIBRFree Report) by 3.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 117,878 shares of the company’s stock after purchasing an additional 3,882 shares during the quarter. Ameriprise Financial Inc. owned 15.72% of iShares U.S. Fixed Income Balanced Risk Factor ETF worth $10,253,000 at the end of the most recent reporting period.

iShares U.S. Fixed Income Balanced Risk Factor ETF Company Profile

(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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