iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) Sets New 1-Year Low – Time to Sell?

Shares of iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) hit a new 52-week low on Wednesday. The company traded as low as $50.37 and last traded at $50.38, with a volume of 1318398 shares changing hands. The stock had previously closed at $50.39.

iShares Ultra Short-Term Bond Active ETF Price Performance

The company has a fifty day moving average of $50.47 and a two-hundred day moving average of $50.51.

Institutional Trading of iShares Ultra Short-Term Bond Active ETF

Several large investors have recently modified their holdings of ICSH. Talon Private Wealth LLC grew its stake in iShares Ultra Short-Term Bond Active ETF by 141.4% in the 2nd quarter. Talon Private Wealth LLC now owns 30,235 shares of the company’s stock valued at $1,529,000 after buying an additional 17,712 shares during the last quarter. Marathon Wealth Advisors LLC lifted its position in iShares Ultra Short-Term Bond Active ETF by 7.5% during the 2nd quarter. Marathon Wealth Advisors LLC now owns 9,801 shares of the company’s stock worth $496,000 after acquiring an additional 688 shares during the last quarter. Sequoia Financial Advisors LLC boosted its holdings in iShares Ultra Short-Term Bond Active ETF by 1.0% during the second quarter. Sequoia Financial Advisors LLC now owns 100,669 shares of the company’s stock valued at $5,092,000 after acquiring an additional 1,024 shares during the period. Capital Analysts LLC grew its position in shares of iShares Ultra Short-Term Bond Active ETF by 9,201.2% in the second quarter. Capital Analysts LLC now owns 47,343 shares of the company’s stock valued at $2,395,000 after purchasing an additional 46,834 shares during the last quarter. Finally, Capital Advantage Inc. grew its position in shares of iShares Ultra Short-Term Bond Active ETF by 1.5% in the second quarter. Capital Advantage Inc. now owns 742,780 shares of the company’s stock valued at $37,570,000 after purchasing an additional 10,927 shares during the last quarter.

iShares Ultra Short-Term Bond Active ETF Company Profile

The iShares Ultra Short-Term Bond ETF (ICSH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in broad market, investment-grade bonds with ultra-short-term maturity. ICSH was launched on Dec 11, 2013 and is managed by BlackRock.