iShares High Yield Muni Active ETF (BATS:HIMU) Sets New 52-Week Low – Should You Sell?

Shares of iShares High Yield Muni Active ETF (BATS:HIMU) hit a new 52-week low on Tuesday. The company traded as low as $45.20 and last traded at $45.33, with a volume of 1610422 shares trading hands. The stock had previously closed at $45.88.

iShares High Yield Muni Active ETF Trading Up 1.0%

The firm’s 50 day simple moving average is $47.70 and its 200-day simple moving average is $48.40.

Hedge Funds Weigh In On iShares High Yield Muni Active ETF

A number of institutional investors and hedge funds have recently bought and sold shares of HIMU. J.Safra Asset Management Corp acquired a new stake in iShares High Yield Muni Active ETF during the fourth quarter worth about $7,888,000. Janney Montgomery Scott LLC boosted its holdings in iShares High Yield Muni Active ETF by 5.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 121,906 shares of the company’s stock valued at $5,849,000 after purchasing an additional 5,757 shares during the last quarter. Manning & Napier Advisors LLC acquired a new position in iShares High Yield Muni Active ETF in the 1st quarter valued at about $255,000. Venturi Wealth Management LLC grew its stake in shares of iShares High Yield Muni Active ETF by 88.7% in the 1st quarter. Venturi Wealth Management LLC now owns 9,116 shares of the company’s stock valued at $437,000 after buying an additional 4,286 shares during the period. Finally, Bessemer Group Inc. purchased a new stake in shares of iShares High Yield Muni Active ETF in the 1st quarter valued at approximately $144,000.

iShares High Yield Muni Active ETF Company Profile

The iShares High Yield Muni Active ETF (HIMU) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed, seeking to provide a high level of income exempt from federal income tax through high-yield US municipal bonds. HIMU was launched on Feb 7, 2025 and is issued by BlackRock.