iShares International Treasury Bond ETF (NASDAQ:IGOV) Stock Price Cross Below 50-Day Moving Average – Here’s What Happened

iShares International Treasury Bond ETF (NASDAQ:IGOV)’s share price crossed below its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of $40.38 and traded as low as $40.15. iShares International Treasury Bond ETF shares last traded at $40.21, with a volume of 279,067 shares.

iShares International Treasury Bond ETF Price Performance

The company’s 50 day moving average price is $40.38 and its two-hundred day moving average price is $41.27.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. OceanIQ Capital LLC purchased a new position in iShares International Treasury Bond ETF during the third quarter worth approximately $4,333,000. Bank of America Corp DE boosted its stake in iShares International Treasury Bond ETF by 50.9% during the first quarter. Bank of America Corp DE now owns 276,328 shares of the company’s stock worth $11,346,000 after buying an additional 93,251 shares during the last quarter. Royal Bank of Canada grew its holdings in iShares International Treasury Bond ETF by 42.5% in the 1st quarter. Royal Bank of Canada now owns 239,675 shares of the company’s stock valued at $9,841,000 after buying an additional 71,496 shares in the last quarter. Leo Wealth LLC purchased a new stake in iShares International Treasury Bond ETF in the 3rd quarter valued at $1,131,000. Finally, Commonwealth Equity Services LLC purchased a new stake in iShares International Treasury Bond ETF in the 3rd quarter valued at $880,000.

About iShares International Treasury Bond ETF

iShares International Treasury Bond ETF, formerly iShares S&P/Citigroup International Treasury Bond Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond to the price and yield performance, of the S&P/Citigroup International Treasury Bond Index Ex US (the Index). The Index is a market value-weighted index designed to measure the performance of bonds denominated in local currencies and issued by foreign governments in developed market countries outside the United States.