Stock Traders Purchase High Volume of iShares iBoxx $ Investment Grade Corporate Bond ETF Put Options (NYSEARCA:LQD)

iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) was the target of some unusual options trading on Friday. Stock investors acquired 113,390 put options on the company. This is an increase of 84% compared to the typical volume of 61,555 put options.

iShares iBoxx $ Investment Grade Corporate Bond ETF Trading Down 0.4%

LQD opened at $106.12 on Friday. The business’s fifty day simple moving average is $107.66 and its 200-day simple moving average is $108.91. The company has a market capitalization of $32.83 billion, a price-to-earnings ratio of 32.25 and a beta of 0.44. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 12-month low of $105.93 and a 12-month high of $112.93.

Institutional Trading of iShares iBoxx $ Investment Grade Corporate Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of LQD. 10Elms LLP raised its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 1.9% during the fourth quarter. 10Elms LLP now owns 6,306 shares of the exchange traded fund’s stock valued at $695,000 after acquiring an additional 120 shares in the last quarter. Cary Street Partners Financial LLC boosted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 0.5% in the 4th quarter. Cary Street Partners Financial LLC now owns 32,635 shares of the exchange traded fund’s stock worth $3,596,000 after purchasing an additional 158 shares in the last quarter. Whittier Trust Co. boosted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 14.2% in the 4th quarter. Whittier Trust Co. now owns 1,283 shares of the exchange traded fund’s stock worth $142,000 after purchasing an additional 160 shares in the last quarter. Sandhill Capital Partners LLC grew its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 8.4% during the 4th quarter. Sandhill Capital Partners LLC now owns 2,621 shares of the exchange traded fund’s stock worth $289,000 after purchasing an additional 204 shares during the period. Finally, Covestor Ltd grew its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 14.0% during the 4th quarter. Covestor Ltd now owns 1,714 shares of the exchange traded fund’s stock worth $189,000 after purchasing an additional 210 shares during the period. 89.30% of the stock is owned by institutional investors and hedge funds.

iShares iBoxx $ Investment Grade Corporate Bond ETF Company Profile

iShares iBoxx $ Investment Grade Corporate Bond ETF (the Fund), formerly iShares iBoxx $ Investment Grade Corporate Bond Fund, is an exchange-traded fund (ETF). The Fund seeks to track the investment results of the Markit iBoxx USD Liquid Investment Grade Index (the Index), which is a rules-based index consisting of liquid, the United States dollar-denominated, investment-grade corporate bonds for sale in the United States. The Index may include large-, mid- or small-capitalization companies, and components primarily include consumer services, financial, and oil and gas companies.