Hurley Capital LLC Buys 9,984 Shares of iShares Flexible Income Active ETF $BINC

Hurley Capital LLC raised its stake in iShares Flexible Income Active ETF (NYSEARCA:BINC) by 25.5% in the 4th quarter, HoldingsChannel reports. The fund owned 49,137 shares of the company’s stock after buying an additional 9,984 shares during the quarter. iShares Flexible Income Active ETF accounts for about 1.5% of Hurley Capital LLC’s holdings, making the stock its 16th biggest holding. Hurley Capital LLC’s holdings in iShares Flexible Income Active ETF were worth $2,593,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Elyxium Wealth LLC bought a new stake in shares of iShares Flexible Income Active ETF during the fourth quarter valued at approximately $25,000. Eagle Bay Advisors LLC bought a new position in iShares Flexible Income Active ETF in the 4th quarter worth approximately $30,000. Canton Hathaway LLC bought a new position in iShares Flexible Income Active ETF in the 4th quarter worth approximately $32,000. Curio Wealth LLC raised its position in iShares Flexible Income Active ETF by 577.0% in the 4th quarter. Curio Wealth LLC now owns 677 shares of the company’s stock worth $36,000 after purchasing an additional 577 shares during the last quarter. Finally, Proathlete Wealth Management LLC bought a new position in iShares Flexible Income Active ETF in the 4th quarter worth approximately $40,000.

iShares Flexible Income Active ETF Stock Performance

BINC stock opened at $52.31 on Tuesday. The company has a 50 day moving average price of $52.22 and a 200 day moving average price of $52.58. iShares Flexible Income Active ETF has a fifty-two week low of $51.60 and a fifty-two week high of $53.51.

iShares Flexible Income Active ETF Profile

The BlackRock Flexible Income ETF (BINC) is an exchange-traded fund that mostly invests in high yield fixed income. The fund provides an actively managed approach to multisector fixed-income exposure globally. It may hold debt and income-producing securities, of any credit quality or maturity, with the objective of maximizing long-term income and capital appreciation. BINC was launched on May 19, 2023 and is managed by BlackRock.