iShares U.S. Fixed Income Balanced Risk Factor ETF (BATS:FIBR) Shares Up 0.2% – Still a Buy?

Shares of iShares U.S. Fixed Income Balanced Risk Factor ETF (BATS:FIBRGet Free Report) rose 0.2% during mid-day trading on Tuesday . The company traded as high as $87.07 and last traded at $87.02. Approximately 5,571 shares changed hands during trading, The stock had previously closed at $86.86.

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

The business has a 50 day moving average of $87.28 and a 200-day moving average of $87.30.

About iShares U.S. Fixed Income Balanced Risk Factor ETF

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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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