iShares U.S. Fixed Income Balanced Risk Systematic ETF (BATS:FIBR) Trading Up 0.2% – Here’s What Happened

iShares U.S. Fixed Income Balanced Risk Systematic ETF (BATS:FIBR) shares were up 0.2% during trading on Tuesday . The stock traded as high as $88.17 and last traded at $88.17. Approximately 42,268 shares changed hands during mid-day trading, an increase of 436% from the average daily volume of 7,883 shares. The stock had previously closed at $88.00.

iShares U.S. Fixed Income Balanced Risk Systematic ETF Stock Performance

The company has a market capitalization of $74.94 million, a price-to-earnings ratio of 10.90 and a beta of 0.26. The company has a 50 day moving average price of $88.78 and a 200 day moving average price of $89.60.

Hedge Funds Weigh In On iShares U.S. Fixed Income Balanced Risk Systematic ETF

An institutional investor recently raised its position in iShares U.S. Fixed Income Balanced Risk Systematic ETF stock. Jones Financial Companies Lllp raised its stake in shares of iShares U.S. Fixed Income Balanced Risk Systematic ETF (BATS:FIBR) by 97.6% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 2,102 shares of the company’s stock after purchasing an additional 1,038 shares during the period. Jones Financial Companies Lllp owned approximately 0.25% of iShares U.S. Fixed Income Balanced Risk Systematic ETF worth $189,000 as of its most recent SEC filing.

iShares U.S. Fixed Income Balanced Risk Systematic ETF Company Profile

The iShares U.S. Fixed Income Balanced Risk Factor ETF (FIBR) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index composed of USD-denominated bonds and Treasury futures. The index seeks to equalize exposure to interest rate risk and credit risk. FIBR was launched on Feb 24, 2015 and is managed by BlackRock.