iShares High Yield Muni Active ETF (BATS:HIMU) Sets New 12-Month Low – Here’s Why

iShares High Yield Muni Active ETF (BATS:HIMU) shares hit a new 52-week low on Wednesday . The stock traded as low as $47.38 and last traded at $47.40, with a volume of 606973 shares trading hands. The stock had previously closed at $47.47.

iShares High Yield Muni Active ETF Price Performance

The company’s 50-day simple moving average is $48.63 and its 200 day simple moving average is $48.69.

Hedge Funds Weigh In On iShares High Yield Muni Active ETF

Several hedge funds have recently bought and sold shares of HIMU. J.Safra Asset Management Corp acquired a new stake in shares of iShares High Yield Muni Active ETF in the fourth quarter worth about $7,888,000. Magnolia Private Wealth LLC acquired a new position in shares of iShares High Yield Muni Active ETF during the fourth quarter worth approximately $548,000. Ascentis Independent Advisors bought a new stake in iShares High Yield Muni Active ETF in the 1st quarter valued at $33,000. 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 period. Finally, Venturi Wealth Management LLC grew its position in 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 worth $437,000 after purchasing an additional 4,286 shares during the last quarter.

About iShares High Yield Muni Active ETF

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.