iShares Investment Grade Bond Factor ETF (BATS:IGEB) Sets New 52-Week Low – Time to Sell?

iShares Investment Grade Bond Factor ETF (BATS:IGEB) shares reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $44.12 and last traded at $44.67, with a volume of 148962 shares changing hands. The stock had previously closed at $43.79.

iShares Investment Grade Bond Factor ETF Stock Up 1.9 %

The company has a 50-day moving average price of $44.68 and a 200 day moving average price of $45.29.

Institutional Investors Weigh In On iShares Investment Grade Bond Factor ETF

A number of institutional investors have recently bought and sold shares of the business. Collier Financial purchased a new stake in shares of iShares Investment Grade Bond Factor ETF in the fourth quarter worth approximately $756,000. Sovran Advisors LLC purchased a new stake in iShares Investment Grade Bond Factor ETF in the 4th quarter worth approximately $726,000. Apollon Wealth Management LLC lifted its position in iShares Investment Grade Bond Factor ETF by 25.7% in the 4th quarter. Apollon Wealth Management LLC now owns 19,876 shares of the company’s stock worth $882,000 after buying an additional 4,059 shares in the last quarter. Silver Oak Securities Incorporated acquired a new stake in shares of iShares Investment Grade Bond Factor ETF during the 4th quarter valued at $1,263,000. Finally, Stratos Investment Management LLC grew its holdings in shares of iShares Investment Grade Bond Factor ETF by 42.4% during the 4th quarter. Stratos Investment Management LLC now owns 835,460 shares of the company’s stock valued at $37,061,000 after acquiring an additional 248,604 shares in the last quarter.

iShares Investment Grade Bond Factor ETF Company Profile

The iShares Investment Grade Bond Factor ETF (IGEB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad-maturity, multi-factor, investment-grade bond index. The index selects and weights bonds based on default probability, default-adjusted spreads, and volatility.