iShares Morningstar Multi-Asset Income ETF (BATS:IYLD – Get Free Report) saw a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 9,881 shares, a growth of 67.1% from the July 30th total of 5,912 shares. Based on an average trading volume of 12,449 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.2% of the shares of the stock are sold short.
iShares Morningstar Multi-Asset Income ETF Price Performance
Shares of BATS:IYLD opened at $22.19 on Wednesday. iShares Morningstar Multi-Asset Income ETF has a one year low of $20.86 and a one year high of $22.55. The company has a market cap of $122.05 million, a price-to-earnings ratio of 12.85 and a beta of 0.48. The firm has a fifty day moving average price of $22.17 and a two-hundred day moving average price of $22.11.
Institutional Investors Weigh In On iShares Morningstar Multi-Asset Income ETF
Hedge funds have recently made changes to their positions in the business. Renasant Bank bought a new stake in iShares Morningstar Multi-Asset Income ETF in the second quarter worth $1,328,000. Oarsman Capital Inc. bought a new stake in iShares Morningstar Multi-Asset Income ETF in the second quarter valued at $826,000. First PREMIER Bank purchased a new position in shares of iShares Morningstar Multi-Asset Income ETF during the second quarter valued at about $349,000. RPg Family Wealth Advisory LLC bought a new position in shares of iShares Morningstar Multi-Asset Income ETF in the 2nd quarter worth approximately $72,000. Finally, Triumph Capital Management bought a new stake in shares of iShares Morningstar Multi-Asset Income ETF during the third quarter valued at approximately $48,000.
About iShares Morningstar Multi-Asset Income ETF
The iShares Morningstar Multi-Asset Income ETF (IYLD) is an exchange-traded fund that is based on the Morningstar Multi-Asset High Income index. The fund tracks an index of fixed-income, equity, preferred stock and REIT ETFs with a focus on income production. IYLD was launched on Apr 5, 2012 and is managed by BlackRock.
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