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

iShares Investment Grade Bond Factor ETF (BATS:IGEB) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $44.97 and last traded at $45.05, with a volume of 105211 shares trading hands. The stock had previously closed at $44.98.

iShares Investment Grade Bond Factor ETF Stock Performance

The stock’s 50 day moving average is $45.27 and its 200 day moving average is $45.34.

Hedge Funds Weigh In On iShares Investment Grade Bond Factor ETF

A number of large investors have recently made changes to their positions in the stock. Gilliland Jeter Wealth Management LLC purchased a new stake in iShares Investment Grade Bond Factor ETF during the 2nd quarter worth about $25,000. Wilmington Savings Fund Society FSB purchased a new position in iShares Investment Grade Bond Factor ETF during the 3rd quarter valued at about $26,000. Assetmark Inc. bought a new stake in shares of iShares Investment Grade Bond Factor ETF during the third quarter valued at about $29,000. FMR LLC lifted its holdings in shares of 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. Finally, Oliver Lagore Vanvalin Investment Group bought a new position in shares of iShares Investment Grade Bond Factor ETF in the second quarter valued at approximately $60,000.

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.