iShares Morningstar Multi-Asset Income ETF (BATS:IYLD) Stock Price Up 0.2% – Still a Buy?

iShares Morningstar Multi-Asset Income ETF (BATS:IYLDGet Free Report)’s share price rose 0.2% on Wednesday . The stock traded as high as $20.53 and last traded at $20.53. Approximately 14,409 shares traded hands during trading, The stock had previously closed at $20.49.

iShares Morningstar Multi-Asset Income ETF Stock Performance

The company’s 50 day simple moving average is $20.43 and its 200 day simple moving average is $20.07. The stock has a market cap of $122.12 million, a PE ratio of 5.38 and a beta of 0.40.

Institutional Trading of iShares Morningstar Multi-Asset Income ETF

A hedge fund recently raised its stake in iShares Morningstar Multi-Asset Income ETF stock. Fifth Third Securities Inc. grew its holdings in shares of iShares Morningstar Multi-Asset Income ETF (BATS:IYLDFree Report) by 4.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,150 shares of the company’s stock after purchasing an additional 611 shares during the quarter. Fifth Third Securities Inc. owned approximately 0.25% of iShares Morningstar Multi-Asset Income ETF worth $301,000 at the end of the most recent reporting period.

About iShares Morningstar Multi-Asset Income ETF

(Get Free Report)

The iShares Morningstar Multi-Asset Income ETF (IYLD) is an exchange-traded fund that is based on the Morningstar Multi-Asset High Income index. The fund tracks an index of fixed-income, equity, preferred stock and REIT ETFs with a focus on income production. IYLD was launched on Apr 5, 2012 and is managed by BlackRock.

Further Reading

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