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

Shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) reached a new 52-week low during trading on Thursday . The stock traded as low as $44.12 and last traded at $44.33, with a volume of 148962 shares. The stock had previously closed at $43.79.

iShares Investment Grade Bond Factor ETF Stock Up 1.1 %

The stock’s fifty day moving average price is $44.79 and its two-hundred day moving average price is $45.29.

Institutional Trading of iShares Investment Grade Bond Factor ETF

A number of institutional investors have recently modified their holdings of IGEB. Wilmington Savings Fund Society FSB purchased a new position in shares of iShares Investment Grade Bond Factor ETF during the third quarter valued at approximately $26,000. Assetmark Inc. bought a new stake in shares of iShares Investment Grade Bond Factor ETF during the 3rd quarter valued at about $29,000. FMR LLC raised its stake in iShares Investment Grade Bond Factor ETF by 46,350.0% in the third quarter. FMR LLC now owns 929 shares of the company’s stock worth $43,000 after buying an additional 927 shares in the last quarter. Oliver Lagore Vanvalin Investment Group purchased a new stake in iShares Investment Grade Bond Factor ETF in the second quarter worth about $60,000. Finally, Investment Advisory Group LLC bought a new stake in iShares Investment Grade Bond Factor ETF during the 3rd quarter valued at approximately $220,000.

iShares Investment Grade Bond Factor ETF Company Profile

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.