Parallel Advisors LLC Buys 25,789 Shares of iShares High Yield Corporate Bond BuyWrite Strategy ETF $HYGW

Parallel Advisors LLC bought a new stake in iShares High Yield Corporate Bond BuyWrite Strategy ETF (BATS:HYGW) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 25,789 shares of the company’s stock, valued at approximately $729,000. Parallel Advisors LLC owned approximately 0.34% of iShares High Yield Corporate Bond BuyWrite Strategy ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Janney Montgomery Scott LLC acquired a new position in iShares High Yield Corporate Bond BuyWrite Strategy ETF during the 1st quarter worth about $251,000.

iShares High Yield Corporate Bond BuyWrite Strategy ETF Stock Up 0.3%

Shares of BATS HYGW opened at $27.95 on Thursday. iShares High Yield Corporate Bond BuyWrite Strategy ETF has a 12-month low of $27.77 and a 12-month high of $30.12. The firm’s 50-day simple moving average is $28.21 and its 200 day simple moving average is $28.97. The company has a market cap of $209.62 million, a price-to-earnings ratio of 10.56 and a beta of 0.24.

iShares High Yield Corporate Bond BuyWrite Strategy ETF Company Profile

The iShares High Yield Corporate Bond Buywrite Strategy ETF (HYGW) is an exchange-traded fund that is based on the Cboe HYG BuyWrite index. The fund uses a fund-of-fund approach to passively track an index that measures the performance of holding shares of the iShares High Yield Corporate Bond ETF and writing one-month call options against the shares. HYGW was launched on Aug 18, 2022 and is managed by BlackRock.