iShares New York Muni Bond ETF (NYSEARCA:NYF) Sets New 52-Week Low – Here’s Why

iShares New York Muni Bond ETF (NYSEARCA:NYF)’s stock price hit a new 52-week low during trading on Monday . The company traded as low as $52.70 and last traded at $52.82, with a volume of 23174 shares. The stock had previously closed at $52.87.

iShares New York Muni Bond ETF Stock Down 0.2 %

The firm’s 50 day moving average is $53.57 and its two-hundred day moving average is $53.76.

Institutional Trading of iShares New York Muni Bond ETF

Several institutional investors have recently added to or reduced their stakes in NYF. Cypress Financial Planning LLC acquired a new position in shares of iShares New York Muni Bond ETF in the 3rd quarter worth approximately $202,000. Lifeworks Advisors LLC bought a new position in iShares New York Muni Bond ETF during the third quarter worth $212,000. New Century Financial Group LLC acquired a new position in iShares New York Muni Bond ETF in the second quarter valued at $271,000. Eagle Rock Investment Company LLC boosted its position in iShares New York Muni Bond ETF by 50.0% during the third quarter. Eagle Rock Investment Company LLC now owns 6,000 shares of the company’s stock valued at $326,000 after acquiring an additional 2,000 shares during the last quarter. Finally, Crestwood Advisors Group LLC boosted its position in iShares New York Muni Bond ETF by 77.5% during the third quarter. Crestwood Advisors Group LLC now owns 7,533 shares of the company’s stock valued at $409,000 after acquiring an additional 3,289 shares during the last quarter.

iShares New York Muni Bond ETF Company Profile

iShares New York AMT-Free Muni Bond ETF, formerly iShares S&P New York AMT-Free Municipal Bond Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P AMT-Free Municipal Series 2016 IndexTM (the Index).