iShares Morningstar Multi-Asset Income ETF (BATS:IYLD) Short Interest Update

iShares Morningstar Multi-Asset Income ETF (BATS:IYLD) saw a significant drop in short interest in June. As of June 30th, there was short interest totaling 2,396 shares, a drop of 58.5% from the June 15th total of 5,767 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 25,152 shares, the short-interest ratio is currently 0.1 days.

iShares Morningstar Multi-Asset Income ETF Stock Performance

BATS:IYLD opened at $22.05 on Tuesday. iShares Morningstar Multi-Asset Income ETF has a one year low of $20.46 and a one year high of $22.55. The business’s 50-day simple moving average is $22.15 and its 200 day simple moving average is $22.03. The stock has a market cap of $121.28 million, a price-to-earnings ratio of 12.85 and a beta of 0.48.

Hedge Funds Weigh In On iShares Morningstar Multi-Asset Income ETF

A number of institutional investors have recently made changes to their positions in IYLD. IHT Wealth Management LLC raised its stake in iShares Morningstar Multi-Asset Income ETF by 5.6% during the fourth quarter. IHT Wealth Management LLC now owns 12,982 shares of the company’s stock valued at $278,000 after buying an additional 690 shares in the last quarter. NewEdge Advisors LLC grew its position in shares of iShares Morningstar Multi-Asset Income ETF by 77.9% in the 1st quarter. NewEdge Advisors LLC now owns 3,484 shares of the company’s stock worth $70,000 after acquiring an additional 1,526 shares in the last quarter. Triumph Capital Management acquired a new position in shares of iShares Morningstar Multi-Asset Income ETF in the 3rd quarter worth approximately $48,000. Finally, IFP Advisors Inc increased its holdings in shares of iShares Morningstar Multi-Asset Income ETF by 923.9% in the 3rd quarter. IFP Advisors Inc now owns 4,106 shares of the company’s stock valued at $87,000 after acquiring an additional 3,705 shares during the last quarter.

iShares Morningstar Multi-Asset Income ETF Company Profile

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.